Original article by Max Mason
The Australian Financial Review – Page: 19 : 22-Aug-18
The internet as a whole rather than Google specifically has hurt the business model of traditional media companies, according to the technology giant’s vice-president of news, Richard Gingras. He says the Google News Initiative demonstrates the company’s commitment to publishers and quality journalism. Gingras adds that Google’s core businesses of web search and advertising technology are highly dependent on the internet’s "ecosystem" continuing to feature quality content.
GOOGLE INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, FACEBOOK INCORPORATED, SEEK LIMITED – ASX SEK, REA GROUP LIMITED – ASX REA, DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, FAIRFAX MEDIA LIMITED – ASX FXJ, CARSALES.COM LIMITED – ASX CAR