FIN24, the Naspers-Media24 financial news site has been found guilty on one count of copyright infringement.
The South Gauteng High Court found that Fin24 infringed the copyright of one Moneyweb article in 2013, after copying and republishing a substantial part of an original article, and was ordered to pay damages to Moneyweb.
Judge Daniel Berger did not find similar infringements in six other articles and ordered Moneyweb to pay 70% of Fin24’s costs.
These were the main findings in the copyright infringement case Moneyweb instituted in 2013 against Fin24, after Fin24 copied and republished content from various Moneyweb articles. Moneyweb argued that copyright was infringed in seven articles.
Damages in regard to the infringement have yet to be finalised.
You can read the rest of the Moneyweb side of the story here.
And the extraordinary article published by Fin24 claiming it isn’t guilty at all.