InternetNews.com reports that three major publishing companies Gannett, Knight Ridder, and Tribune Company have each purchased a 25% stake in Topix.net, the
popular news aggregator. Topix.net says it has 150,000 topically based,
micro-news pages presenting stories from more than 10,000 web
sources. Topix.net says it does not have human editors which
has been one criticism made of services like Topix.net that
run on feeds and algorithms. The deal could be good for
both parties. For the news publishers it gives them a
quick entry into the rapidly changing news business that has
been flooded with new sources like blogs and online
news website RSS feeds. For Topix.net it gives them some
prestigious business partners as well as some well-needed
cash in what will likely become a huge battle for marketshare
as more news aggregators emerge in 2005 and 2006.
InternetNews.com 
