It would have, but as far as I'm concerned Xanadu, as visionary as it was turned out to be an evolutionary dead end.

This is not to be disrespectful to Ted Nelson, it's just that the good bits are going to be recylced even if the grand vision won't be.

Some elements from Xanadu would solve the problems the AP is trying to address but I highly doubt that it would be commercially feasible without some kind of collusion between all the news providers. After all, as long as one of them stays free that one will end up with all the customers in their basket.

It's a free market, and the market deals harshly with those that try to sell lemons while the neighbours find a way to give them away and still make a profit.