Google CEO to Speak at Newspaper Convention

Google CEO Eric Schmidt may not seem like the most likely candidate to speak at a newspaper convention, but sources announced that he’ll be giving the keynote address at the Newspaper Association of America’s annual convention. Right now, most print news publishers are seeing a dramatic loss of sales, and many blame online news aggregation services like Google.
Analysts estimate that Google is responsible for 20% to 30% of all traffic sent to newspaper websites. In the past, Schmidt has urged newspapers to jump on board with better technology, allowing them to increase their revenue from online readership. Many, however, question …read more