Back in July, I wrote about Technorati doing a deal with AP. And I said that:
One day I will go into very real, deep detail why Technorati is the way forward and why Google should be worried. But not today. Hint: It’s not about the search. Associated Press is just starting to get the picture. Do you?
Google is paying The Associated Press for stories and photographs, settling a dispute with a major provider of the copyright news that the online search engine finds and displays on its popular website.
Both Mountain View, California-based Google and New York-based AP disclosed the business relationship on Wednesday. But neither would divulge financial terms or other details because of a nondisclosure agreement
Google indicated AP’s content would serve as the foundation for a new product that would be introduced in the coming months as complement to its popular Google News service.
Apparently its all to do with ‘fair use’ laws:
That aspect of the deal could be intended to support Google’s long-held stance that it does not owe anything for simply pointing out news stories and photographs posted on websites — an activity that the company’s lawyers maintain is protected under “fair use” protections under copyright law.
That posture prompted another news organisation, Agence France Presse, to sue Google in federal court last year. It is seeking at least US$17.5 million (HK$137 million) in damages for alleged copyright infringement.
Google has denied AFP’s allegations, citing its fair use arguments.
Poor Google, us bloggers use Google to get articles for mashups, and the mean ol’ traditional media are cross with them because they havent’ worked out how to make a cent out of it. Which incidentally, I have, but although a simple concept I need to think about whether I want to invest the time and effort to develop it. Which reminds me – I must feel sorry for Venture Capitalists too. The tools are there now to develop cutting edge, groovy products and services for around 100k or less. Most VCs won’t look at a prospect until its proven itself, too small a sum is required. Only by then, mum and dad and grandad have pitched in and hey! who needs VCs? Certainly not TradeMe in NZ – thanks Dad! Heh. Ah an ever-changing-world. And no, I’m not being disparaging to those who risk money and resources on new businesses… *cuddles the guys*… just shining a big light on the fact that the good ol’ days of investing a bundle to gain a bundle are gone. If you don’t have a good concept, can’t build it cheap and gain a community, don’t bother doing it. Seriously – too slick, too early and you’ll lose ’em. Thats my motto – good, cheap and community. You’d be wise to follow.