I am planning to start a news website wherein I will be syndicating news from News Distribution Services and Press Releases. What most Webmasters in this field do is to directly copy (or atleast 95% of) the content provided by the news distribution service or press release and publish them. So, eventually, there are many news sites that are going to have the same content (or with a very few changes) and it happens that some of these sites have a PR of 6 or even 7 or 8. Obviously, they rank higher. In my website, I will have a news section which will essentially contain the content from the PR or NDS but I will also have more sections wherein I will be posting High Quality and Original articles. How would Google and other Search Engines treat my website for duplicate content.
P.S. I definitely wan't the news section because I wan't my readers to get access to news as well. Can spinning news articles be a good Idea? What I wan't to do is grab the news source and write it in my own words and then publish it. Please post suggestions.