The new media argument is that Facebook doesn’t derive revenue from the content, and, in fact drives viewers to old media who wouldn’t otherwise see it.
It’s a complex situation, because Facebook needs to have news on it so that it can provide a complete information service. But right now, Facebook is the best conduit for old media to get to viewers.
If old media holds out, we could see a disruption. Or we could just see a negotiation between old and new. It’s all up in the air.
It’s a dispute between old monopoly media (Murdoch) and new monopoly media (Zucc).
Old monopoly media wants new monopoly media to pay for content. New monopoly media said “fuck that, I’ll freeze you out.”
Ball’s back in old monopoly media’s court.
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Yeah as much as I'd love Murdoch to not get cash, I think I agree with this shithouse government over the Zuck on this one
The new media argument is that Facebook doesn’t derive revenue from the content, and, in fact drives viewers to old media who wouldn’t otherwise see it.
It’s a complex situation, because Facebook needs to have news on it so that it can provide a complete information service. But right now, Facebook is the best conduit for old media to get to viewers.
If old media holds out, we could see a disruption. Or we could just see a negotiation between old and new. It’s all up in the air.