@ World Newspaper Congress: Dow Jones CEO: Beware of Geeks Bearing Gifts

Les Hinton

At the World Newspaper Congress here in Hyderabad this afternoon, Dow Jones (NYSE: NWS) CEO Les Hinton came out swinging against the world in general, as is the wont of every News Corp exec these days. More specifically, against “geeks bearing gifts”, “false gospel of the Web” and “out & out thieves on the Internet.” It is a familiar cry, one spitted out by the overlord and repeated in slightly more eloquent and dulcet tones by the underlings, including Hinton. Read the full speech, below:

“I was invited here to talk about the value of journalism. About how we at News Corp and Dow Jones have worked to create a debate about the future of journalism in the digital world.
We have deployed some lavish language to stir things up.
We have called Google (NSDQ: GOOG) a digital vampire, and a parasite.
We have pointed the finger at the content kleptomaniacs of the internet whose business models depend on purloining the expensive journalism of mainstream media.
But now a little context. I use Google just as most of do. What it does to enhance and enrich our lives makes it a true wonder of the age.
It is true that Google is at the heart of the crisis confronting journalism today. That their almost incalculable

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