Nieman Foundation at Harvard
HOME
          
LATEST STORY
The Marshall Project, an early model for single-subject nonprofit news sites, turns five today (and got a shoutout on Jeopardy last night)
ABOUT                    SUBSCRIBE
Jan. 9, 2014, 2:52 p.m.
LINK: new.dowjones.com  ➚   |   Posted by: Justin Ellis   |   January 9, 2014

Dow Jones is suing Ransquawk, a London-based news service that delivers real-time updates on financial markets. In the suit, Dow Jones accuses Ransquawk of illegally accessing one of the company’s financial news and analysis products.

What may sound familiar in this case is that Dow Jones is accusing Ransquawk of hot news misappropriation. It’s a doctrine some media companies are fond of, arguing that publishers should have a limited monopoly over news they’ve reported because of the time and resources they’ve put into reporting. Last year, the Associated Press settled a similar case against news-monitoring service Meltwater. A federal judge had initially ruled in the AP’s favor.

In the news release announcing the suit, Dow Jones doesn’t mince words in its accusations

Since Ransquawk doesn’t engage in much newsgathering, they take content from news organizations like ours in order to produce their squawks and headlines. They’re systematically copying, pasting, and selling our journalists’ work. They don’t have permission to do this, but from their response to our cease and desist letter, they don’t seem to care.

Full lawsuit here.

Show tags Show comments / Leave a comment
 
Join the 50,000 who get the freshest future-of-journalism news in our daily email.
The Marshall Project, an early model for single-subject nonprofit news sites, turns five today (and got a shoutout on Jeopardy last night)
“As a former journalist, I was mindful of the power of honest storytelling. As an idealist, I felt that if only Americans knew the truth, changes would soon follow.”
News portals like Yahoo still bring Democrats and Republicans together for political news, but they’re fading fast
Plus: Hello “lifestyle misinformation,” hundreds of dead newspapers “revived” online to support Indian interests, and all of the fact-checking discussion you could possibly want.
Doing more with less: Seven practical tips for local newsrooms to strrrrretch their resources
Content doesn’t need to be perfect to be valuable; share resources within a city, not just a company; and other ideas.