Scott Karp, over at Publishing 2.0 has a great post about how Google News, and the Internet in general, is affecting the value of wire service content.
Local newspapers pulling content off the AP wire, or Reuters or Bloomberg could once claim exclusivity in their consumer base, even if someone across the country or state was running the same story. But this is clearly no longer the case.
Take for instance, today's breaking news about O.J. Simpson's arrest. The San Jose Mercury News, The Washington Post, The Baltimore Sun, the Orlando Sentinel all ran the same AP story, and it's all online.
Karp points out that searches for stories on Google News are increasingly leading readers back to wire stories printed on Google pages.
With this latest development, newspapers are in even more need of original content, and it won't be coming from the wires.
But it will be coming from reporterist...
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