Online news aggregation service Publish2 announced yesterday that it intends to challenge the AP newswire with a new product that it claims will be more open and more efficient.
The start-up realises that the only way to disrupt the monster co-op is by offering a completely scalable substitute. Here’s basically what the company hopes the Publish2 News Exchange will do to the AP: ‘Craigslist it’.
As in, kill the AP’s main income stream by offering an open, efficient alternative.
And my educated guess is publishers are going to love this.