Excellent post about Google News from Rex Hammock:
rexblog.com: Rex Hammock’s Weblog
Google News business model: It’s being discussed all over the place, so I feel somewhat after-the-fact making an observation on the Wired.com Media Hack column about the “problem” Google has if it ever tries to monetize its 3-years-old, but still in beta, Google News.Quote:
As it turns out, however, Google has a problem that is nearly as complex as its algorithms. It can’t make money from Google News. So while other online publishers like Yahoo News and MSNBC earn tens of millions of dollars in revenue each year and continue to grow, Google News remains in beta mode — three years after it launched — long after most of the bugs have been excised. The reason: The minute Google News runs paid advertising of any sort it could face a torrent of cease-and-desist letters from the legal departments of newspapers, which would argue that “fair use” doesn’t cover lifting headlines and lead paragraphs verbatim from their articles. Other publishers might simply block users originating from Google News, effectively snuffing it out.
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