Persistent Thread: The Economics of Information Today

Tom Curley, CEO of AP, has understood that news content is valuable but that it must "float" and not be mired in a single medium nor a single location. I say, "micropayments."
What Tom Curley says:

Where I’m coming from is that we must go forward with Web 2.0—all aspects of it—which is that our content should float. It should go where people want it, and we should get compensated for it and the way to [get] compensation is different than the way it’s been for 162 years.”

Source: paidcontent.org

I asked about my sense that “sophisticated newsreaders” might spend a little time getting the basic facts of a story from a wire story, but then get the majority of value from vertical news sites or blogs with in-depth expertise. Curley would have none of that: ”The truly sophisticated understand: an accurate source and timely source of content is more valuable today than ever, given all the nonsense that’s out there electronically… you may spend more time on something else that was related to the original break, but it’s like being a little bit pregnant—where was the news and who can you trust? And more and more, hopefully the answer is AP.”

Source: paidcontent.org

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