Industry News Section - Content Filtering

Would this be benefitial or would it cause more pain than good?

[wfernley]

I was curious about adding a news section on my website. This news section would be updated by users submitting news relating to my industry.

I feel this would benefit visitors because it would keep them up-to-date on the latest developments in my niche and also allow them to advertise their news and press releases on my site.

The problem comes along with Google Duplicate Content. Considering most of these PR's and news articles are not only submitted to my website but many others. Would this effect my website with Googles content filtering / duplicate content filter?

The idea sounds good for my visitors but not my ranking. I was curious if the filter by Google would do more harm than good.

Is it worth it to add a news section?

Should I custom write each news submission?

Thanks in advance for your help!

Wes