NEWS: Google acts to ease News Corp concerns
News/Social Network/Myspace/Google/Aline van Duyn
Found on: ft.com
Google’s chief executive Eric Schmidt on Wednesday met senior News Corp executives to smooth over any concerns raised by the search giant’s acquisition of YouTube and ensure the co-operation of MySpace in Google’s effort to make money from user-generated video.
Mr Schmidt flew to Los Angeles for a meeting scheduled to include News Corp’s top executives, Rupert Murdoch and Peter Chernin, the first since Google bought YouTube for $1.65bn on Monday
The decision to fly to Los Angeles reflects the importance that Google attaches to its News Corp and MySpace relationship.
In August, the two companies teamed up, with Google agreeing to pay the fast-growing social networking site $900m in a multi-year search and advertising deal.
Found on: ft.com
Google’s chief executive Eric Schmidt on Wednesday met senior News Corp executives to smooth over any concerns raised by the search giant’s acquisition of YouTube and ensure the co-operation of MySpace in Google’s effort to make money from user-generated video.
Mr Schmidt flew to Los Angeles for a meeting scheduled to include News Corp’s top executives, Rupert Murdoch and Peter Chernin, the first since Google bought YouTube for $1.65bn on Monday
The decision to fly to Los Angeles reflects the importance that Google attaches to its News Corp and MySpace relationship.
In August, the two companies teamed up, with Google agreeing to pay the fast-growing social networking site $900m in a multi-year search and advertising deal.
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