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My issue with this, is this a problem that needs to be solved? Do we need to guarantee monetization of every human interaction? If my friend and I go a cafe,
by wvenable 3y ago
My issue with this, is this a problem that needs to be solved? Do we need to guarantee monetization of every human interaction?
If my friend and I go a cafe, see a newspaper headline, and have a discussion about that headline without ever opening that newspaper should the cafe have to pay for that discussion? Why should any media adjacent interaction anywhere happen without payment? If the cafe is playing music, they're paying licence fees for that. Why not everything?
- doublebind 3y agoI believe the problem is that the situation you describe occurs on a much bigger scale. It’s no longer you and your friend in the cafe; it’s millions of people looking at the headline on the screen.
- wvenable 3y agoThe scale has always existed. Thousands of cafes filled with millions of people. Even on Facebook, if I comment on a headline it's still just me making that comment. I, singular, provide some value to Facebook by being there and no value to newspaper because I didn't click though. If Facebook didn't exist, the value I bring to the newspaper by not reading it is the same.
- arrosenberg 3y agoIn your example the cafe isn't monetizing the fact that you view the headline and comment, which inherently increases the advertising value of the cafe (i.e. more people won't come to the cafe because of the headlines and their need to comment on it) and which captures significantly more value than everyone else involved. You just read the headline, a few people buy the paper and everyone is equitable and happy. If Meta wants to pay 100% tax on their ad revenues to fund journalism, all they have to do is say so.
- wvenable 3y agoThis theoretical cafe is monetizing the fact that people come and hang out and have discussions and order some coffee. The place is filled with games and magazines and newspapers that anyone can open a view the advertising within. But I never bother, I just read the headlines and discuss those without ever looking inside.
- arrosenberg 3y ago> This theoretical cafe is monetizing the fact that people come and hang out and have discussions and order some coffee. Therein lies the difference. 1. People come and hang out - can't effectively do this on Meta sites, though their VR push seems aimed at trying to fulfill this need. I would also put "read the newspaper" under this category. 2. Have discussions - for varying definitions of "discussion", this is where Facebook is heavily monetized. 3. Order some coffee - again, can't effectively do that on any Meta sites. Given that parks exist without coffee shops, we can infer that 3 is what coffee shops are monetizing, while 1 and 2 act as an additional enticement. The newspapers suffer because, even though YOU may only comment on the headlines, there are plenty of people who go to the coffee shop and don't think twice about buying the paper to read or do the crossword puzzle. The newspaper is able to monetize 1 and 2 and the coffeeshop monetizes 3 - everyone is equitable and happy. On Facebook, Facebook monetizes 2 and claims (without much proof) that they are providing 1 as a service to customers. No coffee is ever served - everyone but Meta is unhappy.
- wvenable 3y agoA newspaper doesn't monetize #1 (People come and hang out). Facebook is, first and foremost, a social media platform. People go there to learn about what other people they know are doing. So the cafe and Facebook have the most in common there. The cafe monetizes that hang out by selling you coffee and Facebook monetizes that by showing you ads. Newspapers are very much secondary to both businesses. They enhance the experience but are not fundamental to it. They also both provide a service to those newspapers by providing a point of distribution. People might, as part of their experience in the cafe/Facebook, read the newspaper.
- 3y ago
- grf27 3y agoNo, but if you're a government seeing your media industry shrinking because they can't make a profit to sustain themselves, meanwhile others are profiting off their work, then you want to try something, and I guess this is their attempt. One of the other solutions proposed was taxes on media aggregators. This is similar to the taxes on entertainment aggregators currently in place that pay into a fund that supports domestic entertainers. These approaches have lots of complications.
- mcpackieh 3y agoThe real threat to local news is national/international news. An organization selling a story to the entire anglosphere has an advantage over an organization trying to sell a story to just one town or country. Both stories cost about the same to write and distribute, but the story with [manufactured] international appeal has massively more earning potential. So newspapers with a focus on national news (NYTimes, WaPo) end up killing the local newspapers even in big cities like Chicago. And the same dynamic applies internationally; the organization which is best at manufacturing international interest for their stories will have an advantage over any organization that focuses on national news with national interest. If the intention is to get Canadians to focus more on local news, making Facebook pay to link to local news is completely backwards. Facebook will (and apparently has) simply transition to showing cheap international news. Instead, Canada should be making Facebook pay when linking to foreign news, or paying Facebook when linking to local news.
- delfinom 3y agoI would argue many local papers could just be a monthly town newsletter. Lol.
- wvenable 3y agoThe real threat to local news is Craigslist and Facebook marketplace. Local newspapers were mostly funded by their classifieds section. The news is merely to bring eyeballs to those ads. When the market for classifieds disappeared, there was no longer any financial support for local news. You could even argue that newspapers were only viable businesses because they had a monopoly over the local distribution of information. It was never the news itself that was profitable but being the local gatekeeper of that news. The Internet destroyed that entirely.
- s1artibartfast 3y agoThis is a perfect example of how people confuse causality and responsibility. They are not the same. Trying to monetize and compensate for every externality is absurd. If I make coffee at home that causes a coffee shop to lose out on Revenue. Surely I'm not responsible for paying the coffee shop for the Lost Revenue. If I do go to the coffee shop, should the coffee shop have to share their revenue with the car company because it gave me a reason to drive my car? In this case, social media makes money because people talk about news online instead of actually read it. This doesn't make social media companies responsible for the fact that no one wants to read a news article.
- fireflash38 3y agoYour analogy is flawed. It's like someone consuming coffee but not wanting the persons who grew the coffee beans/roasted/brewed it to be compensated.
- telotortium 3y agoIf the persons who grew the coffee beans/roasted/brewed gave the beans away without asking for compensation because they hoped to obtain ad revenue, most people wouldn't go out of their way to pay the bean producers. Canadian news media (unlike the vast majority of US news media besides NPR and PBS) is very significantly government subsidized, so this bill is really a stealth tax on Meta and Google.
- dopidopHN 3y agoAt the end of the day, the question remains : do we want local news? Meta and Alphabet are not gonna run news room in Manitoba and Northern Ontario. If we don’t, fine. Local news can die and be replaced by influencer I guess ? Then if we do, who is paying for it. In your analogy, Meta & Alphabet are installing a patio in front of the coffee shops, and offer samples of the most popular latte of the day for free and you can get as many as you want.
- 3y ago
- PhasmaFelis 3y ago> My issue with this, is this a problem that needs to be solved? Do we need to guarantee monetization of every human interaction? The failure of traditional news funding models, and their replacement with clickbait, has already caused devastating damage to...well, to society in general, honestly, but certainly to anyone trying to produce a balanced, informative news service. I can't blame publishers for trying to find something to keep them out of the Buzzfeed gutter. I don't think this idea actually helps at all. But I get why they're desperate.