Appropriation Artist Makes Paintings Out Of WSJ Stipple Images... Pisses Off Stipple Artist

from the brewing-legal-battle? dept

If you're sitting around waiting for the Shepard Fairey lawsuit to move forward, here's another brewing situation to follow. As you probably know, the Wall Street Journal is famous for its "stipple" illustrations of various newsmakers -- in fact, some people consider it to be quite an accomplishment in life to be memorialized in a WSJ stipple image. Appropriation artist Jose Maria Cano obviously recognizes this and has created a series of paintings called the Wall Street 100 -- made up of large painted versions of the WSJ's stipple images. There's no effort, whatsoever, to disguise this. In fact, the painting even include snippets of text around the images:

The fact that the collection of images is called the Wall Street 100 might be another tipoff. And yet... the WSJ stipple artist who created the original Obama stipple that was used for the image above is pretty upset about all of this, and says that the Wall Street Journal legal team "is on top of this case." If this actually turns into a lawsuit, there's probably a much stronger copyright claim here than in the Shepard Fairey case, but again, I'm left wondering what good this would do. The complaint from the original artist, Noli Novak, isn't about money (she doesn't even own the rights to the images), but about Cano getting credit for her artwork -- even though it's pretty clear that Cano's work was simply making paintings out of the WSJ images. Cano seems to be doing standard appropriation art, taking something from elsewhere and turning it into "artwork." While you can understand why Novak might be offended, it's difficult to see what sort of "loss" there is here that's worth being concerned about. Why not just be happy that someone decided the little stipple drawings were worthy of being ripped from the newsprint and turned into serious art?

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WSJ To Try Micropayments: What A Bad Idea

from the watch-this-fail dept

There are all sorts of bad ideas around trying to get people to pay for news, but perhaps the worst is the idea of micropayments. Micropayments are trotted out every other year or so as the "savior" to paid content by people with little understanding of economics. The problem is that micropayments never work in a competitive market. First, the "cost" is much bigger than the nominal sum, because of the mental transaction costs ("is this worth buying?") that add friction to the process. Second, and more importantly, it's a self-defeating move. In adding micropayments, you automatically decrease the value of the content. This may sound paradoxical, but what matter is why and how people value content. These days, many people value content for the ability to engage with it, comment on it and share it with others. Micropayments take away that ability, and thus decrease the value of the content. In some sense, adding a micropayment option gives people fewer reasons to pay! Micropayments have been tried over the years, and every time someone announces them the press goes all nuts about how they're the business model of the future for content. And then the projects go nowhere for a few years, whither and die. And the press never seems to notice.

So, it should probably come as little surprise that it's the press itself that's going to try such a plan. The Wall Street Journals' managing editor, Robert Thomson says that the WSJ is going to start offering a micropayment offering for individual articles. Of course, it sounds like it's not always micropyaments either:

"It's a payments system -- once we have your details we will be able to charge you according to what you read, in particular, a high price for specialist material."

A "high price," by definition, isn't a micropayment of course. And it's just as likely to fail miserably. Putting a paywall in the way of people, and they'll find the content elsewhere. Put a paywall in front of good content, and it just opens up the opportunity for other, smarter, publications, to provide the news for free and run away with all the advertising money.

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Singapore Fines The WSJ For Editorials It Considered Contempt Of Court

from the opinions-not-allowed dept

The Wall Street Journal is running a story about how it's been fined by Singaporean courts for two editorials the paper published over the summer. The story notes how nearly every foreign publication distributed in Singapore has been sued in court at one point or another, and the article goes through detailing the specific charges against it by Singapore. Obviously, the WSJ's story can be seen as biased since they were a party in the lawsuit, but from the description, it sounds like Singapore was upset that the WSJ accurately reported on a defamation lawsuit by a former government official against an opposition party candidate, and later a critical study by the International Bar Association on the rule of law in Singapore. It's difficult to see how those reports can be said to be "contemptuous of the judiciary," but in a country that isn't known for taking criticism well, perhaps it's not that surprising.

Still, what's most interesting is that in response to this, the Wall Street Journal has chosen not to publish this particular story about the decision in the Asian edition of the Wall Street Journal -- though, the story is obviously available online. Apparently the WSJ recognizes, probably accurately, that if they published the story about the decision, where they are somewhat critical of that decision, they would probably be in for yet another "contempt" charge. To some extent, this decision makes you wonder how effective suppression of the press can be going forward. Yes, countries can build filters and block out certain publications, but online content can always be filtered through eventually. The very fact that the WSJ is purposely leaving the editorial out of Asian editions of the paper seems more likely to draw more attention to the story from within Singapore as well, accomplishing exactly the opposite of what the country thinks it's doing in fining the paper.

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Dow Jones Execs Talk Murdoch Out Of Dropping The Paywall

from the short-term-revenue-vs.-long-term-relevance dept

For months there had been a lot of buzz about how Rupert Murdoch was interested in dropping the WSJ's paywall. However, as we noted, execs at Dow Jones were quick to hit back, and said they would convince Murdoch otherwise after the acquisition was completed. It appears that's exactly what's happened. Murdoch today admitted that he's going to keep the WSJ subscription offering and maybe even increase the price. Amusingly, this news is available for free on the WSJ's site. The truth is, it's still not entirely clear what's going to happen to the Journal's website. While Murdoch said there will always be a subscription offering, he also said that more content will be free. It sounds like he's trying to straddle both solutions here, picking the "most valuable" content to remain locked up. Of course, that was the NY Times' strategy -- which failed.

The simple fact is that news reporting content is incredibly difficult to monetize directly anymore -- due to a variety of factors, mostly having to do with the nature of trying to sell content. There are models (even subscription models) that work, but they will be not for the content directly, but for advanced services, such as personalization or analysis. The risk in locking up your best content is that the WSJ will continue to lose relevance, as the next generation of readers won't even bother to sign up, as they won't be able to understand why it's worth paying for this content, no matter how good WSJ execs claim it is.

The next generation of content users have learned something important: it's no longer reasonable to take it on faith that content they don't have access to is good and worth paying for. They need to have access to the content itself, and will figure out for themselves if it's valuable -- and if it is, they'll want to do more with it than just read it. They want to share it, vote on it, discuss it, analyze it and many other things. Locking up the content makes it a lot more difficult and takes away much of the value. Taking away value from consumers isn't exactly a strategy for success these days.

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Dow Jones Pours Cold Water On Murdoch's Free Journal Plans

from the he-said,-he-said dept

For months, we've been reporting on rumors that Rupert Murdoch is thinking about dropping the Wall Street Journal's paywall in the hopes of dramatically expanding the paper's readership. This week we've had the first direct confirmation of Murdoch's plans when he predicted at a shareholder meeting that dropping the Journal's paywall would expand the paper's online readership from a million readers to 10 or 15 million. But Dow Jones executive Michael Rooney rushed to pour cold water on Murdoch's comments, insisting that they would need to wait until after the sale closed before any decisions were made. He said he wanted to figure out how much revenue Dow Jones would lose before deciding whether to drop the paywall. Frankly, I think it's a good thing Murdoch will soon be in charge of the paper. Short-term revenues are far less important than the paper's long-term influence and visibility. Murdoch understands that continuing the paywall would virtually guarantee continued readership stagnation by keeping the Journal out of the online conversation. That would leave a huge opening for one of the Journal's competitors to establish itself as the leading online business news outlet. That's a far bigger threat to the paper's financial health than a short-term loss of subscription revenue. Murdoch has a long history of being willing to take temporary financial hits to build up successful and ultimately profitable media properties, and that shrewd business sense looks set to continue with his acquisition of Dow Jones.

Timothy Lee is an expert at the Insight Community. To get insight and analysis from Timothy Lee and other experts on challenges your company faces, click here.

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