Reading Tea Leaves
My immediate reaction was that they demoted Schmidt because he hadn't gotten the deals together to back up the moves. Thus, the Google TV disaster, which failed primarily because none of the commercial deals were together. So everyone blocks the Google TV from playing most of the things people want!
But I don't know. They do say that Schmidt will be in charge of lobbying in Washington, selling out Net Neutrality to Verizon, and swinging deals with Hollywood.
Now, here's a thought, Eric: you want streaming video to be shown in that silly free codec, NOT the one that the studios have invested in. That can already be clad in Flash, if you want to put DRM around it, or given to Apple, Amazon, Microsoft, and everyone else, with DRM protection, and with the image preserved quite well, since the rendering all the way from Blu-ray down is done with the same codec, which can also stream in 1080p given a small amount of bandwidth, or all the way down to people's cellphones. Now, are you expecting the film producers to release their movies to something called "WebM"? Why should they? Where's Google's DRM? What are the specs? How soon will you have the improved version done?
No, it shall be "open," that means, controlled by our staff of engineers, not the people the studios have been working with for the last 10 years. Is it better in any way? No, it's just controlled by Google.
I wonder how Eric is going to do sell this deal?
A lot of people think Google is "idealistic." Nothing of the sort. They do "open" in a funny way. They're not Firefox, or Linux, or Ubuntu, or any of the very canny codec engineers who have impacted the real world of open source. Why are you keeping royalties from the clever engineers, and only paying your engineers for making improvements without any meaningful rights to the product they are developing? In fact, in the case of codecs, what's so "evil" about patents, as long as the licensing fees aren't greedy or stupid. Write a significant piece of H.264, and you can buy a house on the ocean. Write a piece of Google's codec and you get to work around the clock and get nice lunches in the cafeteria/playroom.
"Open" is Google's monopolism, wiping out competition with "free" and selling ads that way. Much more closely-held stock than Apple, much fewer stockholders, and the share is over $635 this evening. But that Apple, why, they're MEAN.