In our newsroom, I’ve been an enthusiastic promoter of aggregation. I think readers come to us not just for our original reporting, but for our judgment. So they want to know not just what we’re reporting, but what we’re reading and watching, and they want us linked to sources that back up our reporting or enlarge on it. My caveats are a) aggregation is not a substitute for original reporting. If you don’t have original reporting, you’re aggregating smoke. And b) a business model built on excerpting or rewriting other people’s work at length in order to keep the traffic and reward for yourself is stealing.

Bill Keller interview in Reuters.