Hey Bloggers ever quote an interesting article in one of your own posts? Well you really better make sure that you understand Fair Use for copyrighted materials.
Wired.com has an article up By David Kravets in which a weaselly looking CEO is interviewed regarding his new company which is in the business of purchasing up the copyrights to News organizations content so that he can bring infringement lawsuits against anyone who quotes the article without getting permission.
Gibsons vision is to monetize news content on the backend, by scouring the internet for infringing copies of his client’s articles, then suing and relying on the harsh penalties in the Copyright Act — up to $150,000 for a single infringement — to compel quick settlements. Since Righthaven’s formation in March, the company has filed at least 80 federal lawsuits against website operators and individual bloggers who’ve re-posted articles from the Las Vegas Review-Journal, his first client.