Meltwater News - What is it?

[bill]

My company is being approached by some company called Meltwater News who are trying to sell a fairly expensive keyword monitoring service. Apparently they watch news feeds and send you reports when your company name is mentioned, or that of your competitors. Are these types of services any better than what I can get from monitoring Google Alerts and scanning 1000's of RSS feeds (which I do anyway)?

[Rumbas]

They contacted me to a year or so ago. Couldn't see the benefit though.

[bill]

I'm glad my company didn't sign up for any packages with these guys...

http://newsandinsight.thomsonreuters.com/Legal/News/2013/03_-_March/AP_wins_ruling_in_copyright_case_against_news_aggregator/

The Associated Press won a ruling in a copyright lawsuit against news aggregator Meltwater News Service over its use of AP story excerpts without paying licensing fees.