Dow Jones & Co., the publisher of The Wall Street Journal, said Monday that it is getting $140,000 as a copyright infringement lawsuit with Zero Hedge, reports Miles Weiss of Bloomberg News.
Weiss reports, “Without permission, Zero Hedge allegedly posted 37 editorials and articles from the Wall Street Journal, according to a statement that Dow Jones provided in response to questions. While the two sides reached an agreement privately without going to court, Dow Jones issued the statement when asked about a lien filed in Washington.
“‘Dow Jones aggressively protects its journalists’ work, and when we discovered that Zero Hedge had infringed on Dow Jones’s copyrights by selecting dozens of articles — mostly from the Opinion section of The Wall Street Journal — and republished them on its website without authorization, we took action,’ the company said. ‘Earlier this summer, we reached a settlement in which Zero Hedge removed the infringing articles from its site and agreed to make significant payments to Dow Jones.’
“Dow Jones, part of of billionaire Rupert Murdoch’s News Corp., has negotiated several settlements over the past few years as part of an effort to more aggressively defend its content from unauthorized use. The company has announced monetary settlements with at least three other organizations since 2018, including a $3.4 million accord with the California Public Employees’ Retirement System.
“Zero Hedge and its parent company, ABC Media Ltd., didn’t respond to requests for comment, and attorneys representing the two sides declined to comment.”
Read more here.