FT sues Blackstone

Could be a significant step in the newspaper war for survival: the FT has sued a reader. In this case, it has sued the Blackstone Group for allegedly abusing a login that it let several different users use. This is alleged to be common practice in many subscribers, and in effect would mean most online information providers have been giving the product away. It raises again: what is the value of this stuff and who pays?

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One Response to FT sues Blackstone

  1. Shefaly says:

    If the FT bigwigs had kept up with the NetGen and their behaviours, this is only going to multiply. The NetGeners’ definitions of privacy and property rights are not in line with anything that ever preceded them. Ergo, this problem will only grow and FT may find many, many customer litigation opportunities. Either that, or find a new business model. Double quick. Which one do you think it will be? šŸ™‚

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