CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
Google Is the media
Imagining the Google future, here's scenario 1 (circa 2025): Google TV, Google Mobile, and the rise of e-paper create the perfect storm.
By Chris Taylor, BUSINESS 2.0 future editor


Some say it began with the launch of Google News, the company's first media aggregation site, in 2002. Others point to Google Book Search, completed in 2007 despite cries of foul play from the publishing industry.1 But those were just trial runs. Google took its first real step toward media dominance in 2008, when it bought an obscure cable network for $3 billion and transformed it into Google TV.2 The library of video content the company had been archiving for years was now searchable via remote control. Viewers could choose any show they wanted from the history of TV; all they had to do in return was sit through just one commercial before each show, and then vote with their remotes on how relevant they found the ad.

Since viewers had to enter their Google IDs -- the same ones they used for Gmail and other premium services -- the company had already compiled a rich history of their searching and surfing habits.3 If you spent a lot of time looking at cars on eBay, for example, you'd be shown automotive ads the next time you watched Google TV. Between 70 and 80 percent of the revenue from each ad went to the content provider, just as it had on the Web.

101 DUMBEST IDEAS in business

Dumbest moments in...

2006 Smart List
And the winners are...

Google TV was an instant hit; advertisers, copyright owners, and cable customers all clamored for more. (One of the first casualties was a company called TiVo, which offered a hard-disc TV-recording service that Google's vast remote archive now made redundant.) Searches, ads, and Google TV schedules became more relevant every month. Consumers loved it.

Google Mobile followed in 2009, delivering the same service to cell phones for free. Then the dam broke in 2011, when E Ink and Siemens began mass-manufacturing electronic paper.4 By 2018 the cost of e-paper had fallen close to that of the real thing, and Google began delivering all forms of media wirelessly to our e-papers, sheets hung on living room walls, and thin phones.

For a while, media companies were happy with the generous cut they received from Google's skyrocketing ad revenues. But a new generation of content creators was growing up -- one that did not see why a story should be printed in the New York Times or a movie distributed by Paramount if it was all going to end up on Google anyway.5 So the company offered a very public guarantee to all writers and artists that their works would not be edited in any way by Google (but added that consumers would be allowed to edit and remix them any way they wanted).

In 2020 two Google-based writers won Pulitzer Prizes for reporting and fiction, Google-sponsored bands swept the Grammys, and a Google director walked away with the Oscar for best picture. Almost overnight, New York and Los Angeles had lost their footholds in the media universe. For talent -- and fund-raising presidential candidates -- Mountain View was the new place to be.

Footnotes: 1) Litigation continues over Google Book Search. 2) "The Next Frontier: Google Eyeing a Move Into TV's Territory," Advertising Age, Oct. 31, 2005. 3) "The Search," by John Battelle, 2005, and interview with the author. 4) E Ink demonstrated the first tablet-size e-paper display in October 2005. 5) Interview with Danny Sullivan, editor, SearchEngineWatch.

Next: Scenario 2: Google is the Internet

Plus: Google is dead, Google is God Top of page

YOUR E-MAIL ALERTS
Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.