In what may be tantamount to a Custer's Last Stand for the newspaper industry's premium content model, News Corp. Chairman Rupert Murdoch Monday declared he would remove his company's newspaper
stories - including those of the
Wall Street Journal - from Google's search index files as a means of encouraging people to pay for their content online. In an interview with News Corp.'s Sky
News Australia, Murdoch said they might block Google entirely, raising questions about what might happen to the relevance of the newspaper's content in an era when many people discover it first via
search.
"I think we've been asleep," Murdoch said. "It costs us a lot of money to put together good newspapers and good content. They're very happy to pay for it when they buy a newspaper, and
I think when they read it elsewhere they're going to have to pay. Not huge sums. You'd be surprised how much can be done, how cheaply, into the average home."
According to an analysis of
Google-generated traffic released late Monday by Experian's Hitwise service, Google and Google News currently account for more than 25% of the daily traffic to the Wall Street Journal's WSJ.com
site.
The Hitwise analysis also indicates that more than 44% of WSJ.com visitors coming from Google are "new users" who haven't visited the domain in the previous 30 days.
Hitwise did not
release figures from other news-related search engines for WSJ.com, but it noted that Twitter and Facebook accounted for 4% of U.S. visits to "news and media" sites in October, that the percentage of
upstream traffic they generate to those sites is up more than 490% from October 2008.