“ But it turns out online news piracy is at most a $250 million-per-year problem. Just how small is that?”
About seven-tenths of one percent of total 2008 newspaper ad revenue of $38 billion. And that’s assuming the worrywarts are correct; the $250 million number was provided by to the New York Times by the CEO of an anti-news piracy startup Attributor whose interest is to over-estimate the size of the problem.
Online News Theft a Truly Teeny-Tiny Problem - copyfight - Gawker
Imagine that: news organizations are grasping at straws to solve a non-problem instead of addressing the fundamental shift in the way people expect to consume news.
Source: Gawker
