Pinterest locked in stalemate with image owners ( Getty Images)

[Robert Krausankas (BuddhaPi)]

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/

[SoylentGreen]

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.

[Robert Krausankas (BuddhaPi)]

Another example of great minds thinking alike!