Allison Schiff of AdExchanger spoke with Josh Stinchcomb, the chief revenue officer of Dow Jones & Co., the parent of The Wall Street Journal and Barron’s, about its relationships with artificial intelligence companies.
Schiff writes, “‘We have a licensing deal with OpenAI and we’re suing Perplexity, so I think it’s pretty clear what our general position is here,’ said Josh Stinchcomb, CRO of News Corp-owned Dow Jones & Co., which publishes The Wall Street Journal.
“‘If our content is going to be used, we need to be properly paid for it,’ Stinchcomb said. ‘We’re looking at each company in turn, and if there’s a deal to be done and it makes sense, then we’re happy to do it.’
“Meanwhile, the landscape keeps shifting. Earlier this week, Perplexity announced that it plans to share 80% of the subscription revenue from its AI-powered Comet web browser to compensate publishers when their content is used in AI search answers.
“Dow Jones declined to comment on whether this new rev-share agreement will influence its ongoing lawsuit against Perplexity – but chances are it probably won’t change much.”
Read more here.
