The document outlines how Google has the technology, infrastructure, and experience to help publishers monetize their content.
Along with Google’s infrastructure, Google also would utilize Google Checkout – their payment processing system – to make payments for the content fast and easy.
In the document, Google said:
“While we believe that advertising will likely remain the main source of revenue for most news content, a paid model can serve as an important source of additional revenue.”
The documents continues:
“Google has experience not only with our e-commerce products; we have successfully built consumer products used by millions around the world,” it said. “We can use this expertise to help create a successful e-commerce platform for publishers.”
Here are the key features of Google’s proposed payment plan include:
The fact that local news papers are trying to get people to pay for content sets up a perfect storm for Google. Google’s going to get paid whether the system works or not – both through online ad exposure, and also through the use of the Google Checkout system.
I don’t think online publishers are going to find a lot of people paying for their content. Sure, there will be a few, but probably not enough to sustain and lift up their failing publishing business.
The web is about freely sharing content and information. Look at Twitter for example. News and going to reach an audience faster there then anywhere else, and people are going to get it 100% free!
It’s going to be interesting to watch how publishers fair with charging for content.