Newspaper organizations are banding together under an organization titled NewsRight to license and profit from the spread of their content online.
A project first developed by the Associated Press and initially named the News Licensing Group, NewsRight launched Thursday with 29 investors, including the AP, New York Times Company, Washington Post Company and numerous other major newspaper coporations.
Its board includes a who’s who of media executives from many of those same companies, such as Tom Curley, President and CEO of the AP, Katharine Weymouth, publisher of the Washington Post and Gary Pruitt, CEO of McClatchy. Its chair is Bob Nutting, CEO of Ogden Newspapers and the owner of the Pittsburgh Pirates baseball team.