A Review of Local News
The problem with news is not that Google and Facebook are stealing it (they just link to headlines of what’s already there) but that there is not enough money in the online advertising by media companies to compensate for the lower revenue from print advertising. Although major (and minor) newspapers have an online presence that uses material gathered by professional journalists, and Google etc. simply point to this, these sites don’t generate enough revenue to replace what they used to get from print advertising. Governments – notably Australia, France and Canada – are trying to force Google and Facebook to share some of their revenue but meanwhile the shift in where to get news is happening anyway. The practical result… Read complete articleA Review of Local News