Tom Curley, AP's president and CEO, confirms that Huffington Post pays for the Associated Press service and is one of the few business models that is actually working.
You can see the Charlie Rose interview and read Arianna’s post here.
Huffington Post has a blend of news content from AP, blogging about the news, links to other sources, search engines, and online advertising that is funding the whole operation.
Google has a multimillion-dollar arrangement with AP in order to carry its content and also chooses to monetize the content with online advertising.
Tom Curley’s heartburn is not with Google but with what happens to the information after consumers use the search engine, find AP stories and then post them elsewhere.
According to Arianna Huffington, those that will embrace the linked economy have a chance to succeed. Those that build walls around their content will be overtaken by disruptive innovation, forcing out the old as consumers flow to the new.
Lake Isabella, CA
Apr 21 2009 - 11:22am