A day before Knight Ridder faded into obsolescence, CEO Tony Ridder said, “I wish we had invented Google.” Think about that comment for a moment. Knight Ridder had purchased numerous “New Media” companies and formed its own digital division to distribute the content of its newspapers over the Internet. Ridder moved the company’s headquarters from Miami to San Jose to be closer to Silicon Valley. Yet, all of it wasn’t enough. That quote is part of a larger story posted here by Michael Liedtke of the AP that previews investment banker Herb Allen’s annual media and technology retreat in Sun Valley, Idaho. Liedtke sets it up as a battle between Old Media (newspapers) and New Media (Internet). Ridder wasn’t invited but Google’s founders, Larry Page and Sergey Brin, are.
Ridder: 'I wish we had invented Google'
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