CollegeHumor is blaming this on Facebook for faking viewership numbers. This isn't the first time Facebook killed culture, and it won't be the last. We really need to de-platform or find a way Facebook can't steal value.
Facebook faking viewership numbers is really an under-reported story. So many publishing companies had moderately successful business models. Then Facebook came along with their amazing viewership numbers. Everyone "pivoted to video", switched to targeting native Facebook views, and chasing those unbelievable viewership totals. The views ended up being well lower than reported which means the promising revenue never…
https://twitter.com/adamconover/status/1183209875859333120
An article about the settlement, including a link to the document itself: https://www.hollywoodreporter.com/thr-esq/facebook-pay-40-mi...