Briefing.com paid a “substantial amount” and admitted liability to settle a lawsuit involving the unauthorized republication of news headlines and articles from Dow Jones & Co., the parent of The Wall Street Journal, Barron’s and Marketwatch.com, according to a Dow Jones statement released Monday.
“Dow Jones is committed to aggressively pursuing legal action to prevent the unauthorized use of our content,” said Mark H. Jackson, general counsel for Dow Jones, in a statement. “This settlement demonstrates that such actions are not resolved with a simple slap on the wrist, but have significant financial repercussions.”
Dow Jones filed the lawsuit in April in the U.S. District Court for the Southern District of New York in response to Briefing.com’s alleged misappropriation of Dow Jones headlines and articles. The misappropriated content, which was first published on the leading real-time financial newswire Dow Jones Newswires, also included news from The Journal and Barron’s.
In addition to admitting liability and paying to resolve this matter, Briefing is permanently enjoined from infringing Dow Jones’ copyrights in its content. The final judgment in the case was entered on Monday. The financial terms of the settlement were not disclosed.
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…
Members of the CoinDesk editorial team have sent a letter to the CEO of its…
View Comments
Cases like these illustrate the point that merely having rights is not enough. If we are not vigilant in ensuring their non-violation and when necessary enforcing rights, then it is as if we do not have them at all. The same rights that protect Dow Jones' intellectual property also work to protect Briefing and its intellectual property---when the published content or ideas are actually theirs. Not only did Dow Jones protect its own rights, but in publicly enforcing them it sent a message to the world that violating copyright laws and misappropriating someone else's content is a serious offense that our legal system takes seriously. To bring this point home, as sole in-house counsel I make sure to remind employees at my company to be careful when posting someone else's materials or ideas online to credit the original creator/author, and when appropriate get permission before using or posting it.