Last night, The Wall Street Journal reported that their parent company, Dow Jones & Co. sued Real-Time Analysis & News Ltd., a financial news aggregator service known as Ransquawk, for illegal distribution of the Dow Jones content without publisher consent.
Dow Jones claimed in its complaint that the London-based Ransquawk accessed the DJX newsfeed, which Dow Jones’ real-time financial news subscription service, and republished the content “verbatim, within seconds” of its publication. Ransquawk’s website says that it provides live news headlines in a 24-hour scrolling news feed, as well as real-time audio with breaking news and instant analysis, drawn from over 100 news sources.
In a statement on the Dow Jones Press Room, Jason Conti, SVP, general counsel and chief compliance officer, wrote that Dow Jones “refuse[s] to sit back when others swoop in to swipe our content.” He also claimed that Ransquawk is “systematically copying, pasting, and selling our journalists’ work.” There’s not much of a reply from Ransquawk; chief executive and co-founder Ranvir Singh said only that, “We obviously strongly deny any accusations made against us by Dow Jones … we will only be in a position to make a statement tomorrow.”
As we discussed on Monday, copyright compliance is a primary concern in media monitoring and news aggregation. This case looks to be very similar to that when the Associated Press filed a lawsuit against Meltwater for copyright infringement, a case which the AP won.
Why Ransquawk didn’t take notice then, we’ll never know, but they certainly shouldn’t be surprised at the lawsuit given that in recent years Dow Jones filed – and received large settlement claims from – other “hot news” misappropriation lawsuits against Briefing.com and Cision.
Once again, BurrellesLuce is not an aggregator but a curator, and we negotiate licensing fees with our providers to ensure our content is copyright compliant. We strongly believe that news outlets must be fairly compensated for their content, which EVP Johna Burke blogged about just three days ago. PR pros rely on content generated by high-caliber content produced by the AP, Dow Jones, and other providers not just for those valuable media mentions, but also for measurement purposes. In their need to be on top of the news, PR pros should protect the content they need and value by using services that respect and compensate the very publications that produce that content.
So many of us are committed to “community” nowadays, but where would the PR community be without journalism? Media and PR may be separate yet tandem communities, but they are part of the same ecosystem, and without balance on both sides, that ecosystem will crumble.