> So everyone can subscribe to NYT or WSJ no matter where they live. This effectively creates a winner takes all situation like in many other industries which g

> So everyone can subscribe to NYT or WSJ no matter where they live. This effectively creates a winner takes all situation like in many other industries which get closer to a free market. Only that the winner alleged here is neither NYT or WSJ but Google and Facebook; So is it really a free market when horizontal monopolies eat others lunch? Total gross ad revenue of Google & FB for FY21 in India: 23,213 Crores (~ 3 Mil USD). Total gross ad revenue of Top 10 listed media companies for FY21 in India: 8,396 Crores (~ 1.12 Mil USD). At the end of the day it's the consumer's loss, Traditional print media had strict editorial guidelines and journalistic principles. Now the digitized versions of them are in pressure to roll out content at an ever increasing rate as dictated by Google & FB for those ad revenue and So there's no need for journalists but just content-writers rehashing the title into short articles which are not even proof-read nowadays. [1]: https://indianexpress.com/article/business/ad-revenue-facebook-and-google-make-more-than-top-10-media-firms-put-together-7655241/ https://indianexpress.com/article/business/ad-revenue-facebo...