OLD Media Moves

American Petroleum Institute upset about its data being published

March 10, 2016

Posted by Chris Roush

oil pricesThe American Publishing Institute has complained about the data from its weekly oil inventory report being posted on Twitter and published by news organization, writes George Kantchev of Dow Jones Newswires.

Kantchev writes, “API has also complained to Dow Jones & Co., publisher of Dow Jones Newswires and The Wall Street Journal, an API spokesman said. He said the group complained last year about Dow Jones’s publishing the data to the newswires’ paid subscribers without authorization.

“‘While we certainly respect copyright protections, we don’t believe that Dow Jones’s publication of independently sourced items of news and analysis infringes API’s rights in any respect,’ Dow Jones, a unit of News Corp, said.

“Dow Jones itself has sued services for republishing its own content.

“Newswires and other financial websites publish stories based on the API data shortly after it is released to its subscribers. On Tuesday, Dow Jones Newswires published an item containing API data at 4.36 p.m., attributing it to people who reviewed the report.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.