The search giant is looking to expand its Google TV platform, which has floundered in the U.S. thanks to the restrictive nature of the media companies.
Additionally, the company will continue to fund broadcasting content but will not produce any itself.
Says Schmidt:
Just as smartphones sparked a whole new era of innovation for the Internet, we hope Google TV can help do the same for television, creating more value for all.
We’re agnostic when it comes to whether free or paid content models are best. It’s up to content owners to decide if they want to charge, and it’s up to users to decide if they want to pay.
Written by: Andre Yoskowitz @ 27 Aug 2011 19:10
