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Facebook gives money to America’s biggest news organizations

washingtonmonthly.com

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Re: Facebook gives money to America’s biggest news organizations

#31

Earlier quoted context omitted.

Not too long ago, Facebook took out a full page ad against Apple to gaslight consumers that anti-tracking was harming small business. This company is like a perforated colon that keeps leaking feces into the collective body of society. Pretty soon we'll go into septic shock.

Anti-tracking is harmful to all businesses who advertise, is it not?

not necessarily, no

Re: Facebook gives money to America’s biggest news organizations

#32
> There’s no evidence that the deal directly affects coverage in either the news or editorial departments. Before the Facebook News deal, the Times famously published an op-ed titled “It’s Time to Break Up Facebook,” by Chris Hughes, a cofounder of Facebook turned critic. And since the deal, columns from Tim Wu and Kara Swisher, among others, have been similarly critical. In December, the editorial board welcomed a lawsuit calling for Facebook to be broken up.

It's kind of a throwaway passage in the article but it feels like a crucial point. Maybe I'm wrong but "buying off" to me strongly suggests something along the lines of a bribe. We're going to give you this cash, nudge nudge, wink wink, maybe that negative stuff you print about us goes away. My question is: is this actually happening?

The core conflict here isn't new, surely. Newspapers have taken advertising money from news-making companies since time immaterial. The question has always been whether that money affects coverage. And so far it seems like "no", or "not yet". And there's a very worthy debate to be had here, much as there always has been about advertising in news media, but the headline doesn't do that debate justice.

Re: Facebook gives money to America’s biggest news organizations

#33
post #5

I don't see how news is sustainable at current employment levels. Most papers cover the same stories from their own angle, but we don't need 1,000 duplicated takes. Social media bubbles headlines and links up from a potluck of sources, so there's no central paper to subscribe to and support. The end result is ad blocking everything, ignoring paywalls, and subscribing or paying no one. If I went to a paper's website i…

We absolutely need local papers, they're critical to uncovering the kind of small-town corruption that won't make the national news but still greatly impacts people. We can't seem to support this many journalists anymore - because FB and Google suck up the advertising revenue. Would breaking up big tech also bring back the local news room? That would be such a bonus.

It’s not just ad revenue - substack has taken the best writers too.

The quality of writing on substack is magnitudes better than what’s available on NYT. I’m not sure if NYT was always this bad and the internet just revealed them or if they degraded, but their product is not very good. Other papers have a similar issue.

Re: Facebook gives money to America’s biggest news organizations

#34
post #19
post #5

I don't see how news is sustainable at current employment levels. Most papers cover the same stories from their own angle, but we don't need 1,000 duplicated takes. Social media bubbles headlines and links up from a potluck of sources, so there's no central paper to subscribe to and support. The end result is ad blocking everything, ignoring paywalls, and subscribing or paying no one. If I went to a paper's website i…

People have been talking about saving local news for more than 20 years. And the economics just don't work for the most part--whether in most cities or in smaller towns. I live in about a 7,000 person town. Let's say half the people would pay $20/year for a local paper--which we had at one point. That's wildly optimistic I know. Throw in some advertising. But I'm guessing you're still something under $100K/year. So y…

But the local papers have always had ads in them to supplement revenue, so I imagine you could still reach $100K or more. In a lot of small towns that’s still enough to cover an editor-in-chief and an additional reporter.

Re: Facebook gives money to America’s biggest news organizations

#35
post #5

I don't see how news is sustainable at current employment levels. Most papers cover the same stories from their own angle, but we don't need 1,000 duplicated takes. Social media bubbles headlines and links up from a potluck of sources, so there's no central paper to subscribe to and support. The end result is ad blocking everything, ignoring paywalls, and subscribing or paying no one. If I went to a paper's website i…

I sometimes think about how we read newspapers before the internet. For those old enough, how many of you remember someone who subscribed to the NYT? On the other hand, how many of you saw someone reading it on a bus? Remember how you could walk into any McDonalds or similar restaurant and find a stack of the daily papers there for anyone to read?

Makes me wonder how much money used to be raised from subscriptions to individuals compared to daily edition sales.

Re: Facebook gives money to America’s biggest news organizations

#38
post #7

No surprise here. Two peas in a pod. The assault on independant journalists (e.g Substack), independant voices (e.g. Clubhouse) and others continues unabated by the likes of NY Times elitists like Taylor Lorenz. Corporate media like NY Times even covered the original 2004 Harvey Weinstein expose and regularly lies on so many internatonal issues as well. https://www.thewrap.com/harvey-weinstein-new-york-times-bill...…

> Taylor Lorenz is an American culture and technology reporter for The New York Times Styles section, covering topics related to internet culture.

I think you need to calibrate your meaning of "elite"

Re: Facebook gives money to America’s biggest news organizations

#39
post #24

Earlier quoted context omitted.

Funnily enough that law is empirically false, and most of the time (although it's near a coinflip) the answer is yes

Do you have a link for the study?

I read the Wikipedia article linked above. They go over the studies there.

Re: Facebook gives money to America’s biggest news organizations

#40
post #24

Earlier quoted context omitted.

Funnily enough that law is empirically false, and most of the time (although it's near a coinflip) the answer is yes

Do you have a link for the study?

To Tome’s law?
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