4 ms·
Agreed, this take is totally backwards. It is the news companies that benefit from having their material on Facebook/Google/etc. The news could disappear from
by ink_13 3y ago
Agreed, this take is totally backwards. It is the news companies that benefit from having their material on Facebook/Google/etc. The news could disappear from those platforms and they'd be fine.
The real problem seems to be that monetizing news content to the point that it can support large, effective organizations has become quite difficult: print ads are basically dead, inserting ads into online content doesn't seem to be working that well, and getting people to pay you directly (i.e., subscriptions) is more of a challenge than ever.
Smaller boutique outlets like podcasts or email newsletters (chiefly Substack) have been effective in some cases, but that's not the kind of thing that can fund foreign bureaus or longform investigative journalism.