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How Facebook Stole the News Business

posted by Fnord666 on Monday February 05 2018, @12:55AM   Printer-friendly
from the the-emacs-of-the-internet dept.

canopic jug writes:

Big news outlets stupidly sold their soul to Facebook. Desperate for the referral traffic Facebook dangled, they spent the past few years jumping through its hoops only to be cut out of the equation. Instead of developing an owned audience of homepage visitors and newsletter subscribers, they let Facebook brainwash readers into thinking it was their source of information.

Now Facebook is pushing into local news, but publishers should be wary of making the same crooked deal. It might provide more exposure and traffic for smaller outlets today, but it could teach users they only need to visit Facebook for local news in the future. Here's how Facebook retrained us over the past 12 years to drain the dollars out of news.

Source : How Facebook stole the news business

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  • (Score: 0) by Anonymous Coward on Monday February 05 2018, @08:28AM

    by Anonymous Coward on Monday February 05 2018, @08:28AM (#633204)

    Or they were plagued by homocidal perverts who kept posting long-form insanity, and the "powers that be" did nothing about it. Free speech has "EEEEwwwww" limits.