As per reported by Australia’s mUmBRELLA, the News Corp CEO, while speaking at the Lowy Institute Media Awards lashed out at Google, Facebook, and LinkedIn for being a kleptocrat and a thief. He seemed pretty miffed with these companies’ operative methods and specifically pointed at the ‘unnatural redistribution of the content’ created by the journalists.
Robert Thomson said:
Mr. Thomson didn’t even care for euphemism as he came up with his own glossary for Alphabet, the newly conceived parent company of Google. According to him, “A should stand for Avarice, B for Bowdlerize, through to K for Kleptocracy, P for Piracy and Zealotry defines Google with Z.”
As a result of this blatant infringement of copyrights and without proper recognition, without proper remuneration, well-resourced reporting will be ever more challenged.
While Thomson went easy on LinkedIn, he was immensely critical of Google and most of the social media including Facebook. Why pay professionals when you have UGC, user-generated content? And why pay when you can purloin? he complained.
The thing is, no one wants to pay for the online content anymore which means the business is already becoming less profiting for the media companies and the content is being exploited by distributionists such as Facebook and Google consequently devaluing other brands.
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