Sh*t has hit the fan…Copywrite Chaos

Larry Lessig writes a piece on Copywrite chaos..  David Nordsford from Stanford Innovation Journalism writes… “The news industry has been facing tough times for a several years now, and it is steadily getting worse, as Craig’s list and other web companies are taking over ads that have been the backbone of the news industry for over a century. The foundations of the fourth estate are shaking, well respected newspapers are downsizing or being sold off. No more Mr Nice Guy, as the saying goes, Hollywood-style…”…David continues …”The news industry is paying for making stories, but is having a tough time selling ads. Google is not paying for making stories, and is selling ads like crazy. “Foul play”, says the news industry. “The stories are ours. If you sell ads on links to our stories, the ad revenues are ours, too”. Now it has reached the court rooms, and the battle might be long and bitter, like with the music industry and the Internet.”

For David’s full blog post click here.

Very interesting analysis from David and Larry. 

Author: John

Entrepreneur living in Palo Alto California and the Founder of SiliconANGLE Media

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