Publish2 is taking a swing at the newswire mammoth – they un-lovingly call it an inefficient monopoly – by launching a platform that allows newspaper publishers and other media organizations tap the vast amount of quality content already available for free on the Web (we don’t mean to brag, but TechCrunch was one of the examples cited by the startup on stage).
The startup realizes 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.
Will be interesting to watch, but I think there are some fundamental flaws in the assumptions underpinning this idea.