Magazine article Information Today

The M&A Scene

Magazine article Information Today

The M&A Scene

Article excerpt

One company I've covered since its launch is iCopyright, the instant licensing service. In an interview in the November 1999 issue of Information Today, Mike O'Donnell, iCopyright's founder, president, and CEO, discussed the need for a system that automated requests for content reuse and talked about his fledgling company's plans.

Over the years, we have reported on iCopyright's Instant Clearance System, Publisher Central, Reprint Central, and most recently, the beta version of its Clip and Copy news-clipping service (http://www.infotoday.com/newsbreaks/ nb020909-1.htm). More than 6 million works from hundreds of publications, including those from Tribune, Reuters, Primedia, Reed, and Dow Jones, are tagged for instant licensing with iCopyright.

But iCopyright struggled when the economy turned sour and venture funds dried up. At one point, O'Donnell left the company. He then returned in April 2001 after forming Data Depth Corp. to reacquire the assets of iCopyright.

Now Data Depth has sold the iCopyright Instant Clearance Service to Reprint Services of St. Paul, Minn. Reprint Services acquired the installed base of publishers and end users, but Data Depth will continue to own and develop the technology. …

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