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
(Score: 2) by looorg on Monday February 05 2018, @10:29AM
Yes, they all thought that Facebook was like their new sugerdaddy. All that would have to do was to be pretty and hold hands. Turns out sugerdaddy wanted more and other things and was into some really kinky shit and the payment and transactions just wasnt what they had expected. Now sugerdaddy is bored and is moving onto the local scene ...