Google CEO Weights in on the Online Paid Content Debate

He also utters one of the two latest media business model buzzwords, the other being "local."

Google CEO: Publishers will have a hard time charging for general newsReuters
There’s too much free content online, says Eric Schmidt. "My guess is for niche and specialist markets … it will be possible to [charge], but I think it is unlikely that you will be able to do it for all news."
[Poynter Romenesko]