GoogleNews: aggregation, copyright and online advertising

The Greenslade blog has an interesting article and comments on an incipient dispute between the Telegraph and GoogleNews (with background and comparisons). The immediate problem for some is the potential impact that such aggregation services may/will have on advertising revenues and the knock-on impact on the funding of journalism. The deeper issue concerns how the new media environment requires old media players to reassess their economic models on an almost continual basis.