Summary:

This is the new new battle in the online media: Google’ CEO Eric Schmidt believes said at an industry conference that Internet companies th…

This is the new new battle in the online media: Google’ CEO Eric Schmidt believes said at an industry conference that Internet companies that focus on aggregation, or pulling together content from various sources, will do better than those focused on a subscription model. “‘Subscription businesses are hard to build,’ Schmidt said. ‘The notion that people will have 1,000 subscriptions at $3 each is not going to happen. How many subscriptions do you have and can you remember your passwords?’”

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