Posts Tagged ‘Media Business’

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The Associated Press: “Free Riders” and A Question of Leadership

October 28, 2009

435717230_a36fb990c0A friend of mine forwarded me a link to a post written by¬†Tom Curley, CEO of the Associated Press, and Curley’s attempt to monetize the AP’s online content, and just as importantly, prevent others from monetizing it without his having a cut. I have to ask, “Am I missing something here?

It seems the basic problem he is citing is that:

We content creators have been too slow to react to the exploitation of news content by third parties without input or permission. Random distribution of traffic by aggregators such as search engines directs audiences and revenues away from those who invest in original news reports. And randomness assures the aggregators and their ad networks a stream of revenue based on the aggregation and indexing of published news content.

Wait, but isn’t the AP a news wire service? As in, don’t they sell their news to news media, so other news media can publish it? As in, the AP researches news stories, writes them up, and bundles them for sale to news media, not for their own direct reporting to public audiences? Once their news hits the public, hasn’t it already been paid for? Read the rest of this entry ?

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