Authors: Ken Auletta
ISBN-13: 9780143118046, ISBN-10: 0143118048
Format: Paperback
Publisher: Penguin Group (USA)
Date Published: October 2010
Edition: (Non-applicable)
Ken Auletta has written the "Annals of Communications" column for The New Yorker since 1992. He is the author of ten books, including four national bestsellers. These include Three Blind Mice: How the TV Networks Lost Their Way, Greed and Glory on Wall Street: The Fall of the House of Lehman, and World War 3.0: Microsoft and Its Enemies. In naming him America's premier media critic, the Columbia Journalism Review said, "no other reporter has covered the new communications revolution as thoroughly as has Auletta."
A revealing, forward-looking examination of the outsize influence Google has had on the changing media Landscape. There are companies that create waves and those that ride or are drowned by them. As only he can, bestselling author Ken Auletta takes readers for a ride on the Google wave, telling the story of how it formed and crashed into traditional media businesses—from newspapers to books, to television, to movies, to telephones, to advertising, to Microsoft. With unprecedented access to Google’s founders and executives, as well as to those in media who are struggling to keep their heads above water, Auletta reveals how the industry is being disrupted and redefined. Using Google as a stand-in for the digital revolution, Auletta takes readers inside Google’s closed-door meetings and paints portraits of Google’s notoriously private founders, Larry Page and Sergey Brin, as well as those who work with—and against—them. In his narrative, Auletta provides the fullest account ever told of Google’s rise, shares the “secret sauce” of Google’s success, and shows why the worlds of “new” and “old” media often communicate as if residents of different planets. Google engineers start from an assumption that the old ways of doing things can be improved and made more efficient, an approach that has yielded remarkable results— Google will generate about $20 billion in advertising revenues this year, or more than the combined prime-time ad revenues of CBS, NBC, ABC, and FOX. And with its ownership of YouTube and its mobile phone and other initiatives, Google CEO Eric Schmidt tells Auletta his company is poised tobecome the world’s first $100 billion media company. Yet there are many obstacles that threaten Google’s future, and opposition from media companies and government regulators may be the least of these. Google faces internal threats, from its burgeoning size to losing focus to hubris. In coming years, Google’s faith in mathematical formulas and in slide rule logic will be tested, just as it has been on Wall Street. Distilling the knowledge accrued from a career of covering the media, Auletta will offer insights into what we know, and don’t know, about what the future holds for the imperiled industry.
Googled depicts the company as a brilliant, game-changing behemoth that can be socially inept, and both naive and arrogant in its dealings with the world. The book, more fair-minded reportage than a polemic, leaves us with a telling portrait of a paradigm-altering company, which in 11 years has utterly transformed the business and media landscape, but which also suffers at times from the sort of myopia that comes from determinedly left-brain thinkingthat is, a scientific-engineering driven point of view that prizes data, efficiency and growth while often overlooking more human and political concerns like privacy and copyright.
Preface xi
Part 1 Different Planets
Chapter 1 Messing with the Magic 3
Part 2 The Google Story
Chapter 2 Starting in a Garage 27
Chapter 3 Buzz but Few Dollars (1999-2000) 46
Chapter 4 Prepping the Google Rocket (2001-2002) 66
Chapter 5 Innocence or Arrogance? (2002-2003) 94
Chapter 6 Google Goes Public (2004) 105
Chapter 7 The New Evil Empire? (2004-2005) 121
Part 3 Google Versus the Bears
Chapter 8 Chasing the Fox (2005-2006) 143
Chapter 9 War on Multiple Fronts (2007) 169
Chapter 10 Waking the Government Bear 186
Chapter 11 Google Enters Adolescence (2007-2008) 199
Chapter 12 Is "Old" Media Drowning? (2008) 228
Chapter 13 Compete or Collaborate? 242
Chapter 14 Happy Birthday (2008-2009) 262
Part 4 Googled
Chapter 15 Googled 281
Chapter 16 Where Is the Wave Taking Old Media? 296
Chapter 17 Where Is the Wave Taking Google? 322
Afterword 337
25 Business Maxims 345
Acknowledgments 371
Notes 373
Index 407