In a very interesting development, Fan Fiction, some of the original UGContent on the web has been the subject of a lot of chatter recently. Until recently, Fan Fiction was primarily fan based, with no real interaction with corp America. Then Ex-Yahoo peeps stepped in and had to F it all up. They created Fanlib.com in order to aggregate all the content and offer non-payment type incentives to the authors (DVDs, Screenings, etc.). The community right away started poking holes in what they were trying to do with the site, how they were using the content and suspect of the revenue/rights and ownership question.
This is what happens when you try too hard to be something because you see money in it vs. doing something because it is a passion (not that there is anything wrong with looking for new ways for success, but some things are easier than others). Regardless, the whole thread below by Fan Fiction author Mary McNamara is very entertaining and worth a read by anyone interested in the user content space as this segment is more developed and thus more skeptical than most.
LINK: Mary McNamara's Multichannel News Initial Post
LINK 2: Her further investigation with links all over the place (READ BOTH).
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