CNN cuts AP

When I first read a story earlier this week that CNN would no longer be using Associated Press (AP) coverage in favor of their own news gathering operations, I was shocked. After all it seems like every time I go to a news website or pick up a paper, it's an AP story that I'm reading. Also, setting up a news-gathering organization is expensive and producing news isn't getting any cheaper these days! But as a I read and thought more about it, I came to realize that actually CNN might be making a good business move here. It seems that more and more financially strapped news outlets are upset with the AP's fees and CNN is hoping to be a competitor with the AP. Maybe local papers in the future will at least have more varied wire content...