[LINK] Google CEO says newspapers can make money online

[Marghanita da Cruz]

> "We understand how fundamental your mission is," he said.
> 
> Schmidt predicted that the news business will find a new model, based on a combination of advertising and subscription revenue. He said Google hopes to facilitate that, but he offered no specifics.
> 
> "We have a business model problem. We don't have a news problem," Schmidt said. He added: "We're all in this 
<http://www.chinadaily.com.cn/world/2010-04/12/content_9716343.htm>
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Marghanita da Cruz
http://ramin.com.au
Tel: 0414-869202