Bloomberg Media has yet to sign a content licensing deal with any AI company. And the business news publisher’s CEO Karen Saltser explained why on stage at the Digiday Publishing Summit in Miami, Florida, on Monday.
“The choice we made at the time and to date is still not to license for training. Certainly we’re still in conversation with all of the companies, and as commercial models are evolving, we are having new types of conversations,” Saltser said.
Indeed, the AI compensation model for publishers seems to be shifting toward usage-based payments that are more recurrent compared to the lump-sum licensing deals for AI companies to train on publisher’s data. “It’s a fairer, hopefully recurring-based model. I’m not sure it’s the end-all, be-all for publishers,” Saltser said.
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