ExtortionLetterInfo Forums
Retired Forums => Legal Controversies Forum => Topic started by: Robert Krausankas (BuddhaPi) on May 30, 2012, 01:18:08 PM
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Image-sharing site Pinterest has been in negotiations for months with photo service Getty. A breakthrough could dispel some of the copyright questions hanging over the hot startup — but one expert says not to hold your breath.
According to Bill Rosenblatt, an engineer and authority on digital rights issues, the two sides are likely in a logjam over how — or if — Pinterest should use Getty’s image detection software, PicScout. Getty acquired PicScout, which tracks images across the Internet, last year for $20 million.
Rosenblatt speculates that Getty wants Pinterest to license the technology....
http://paidcontent.org/2012/05/30/pinterest-locked-in-stalemate-with-image-owners/
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Great post.
If Pinterest employs Getty's Picscout, that means that many Pinterest users will get a demand letter of 1000 dollars or more for each Getty image, along with a threat of legal action.
If that happens, Pinterest is DEAD.
Also, I laughed my ass off over the statement that Pinterest is worth over 1 BILLION dollars. Laughed my ass off.
Facebook too. Get ready for next dot-com thud.
S.G.
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Another example of great minds thinking alike!