Why Google and Meta owe news publishers much more than you think – and billions more than they’d like to admit
- Written by: Anya Schiffrin, Senior Lecturer in Discipline of International and Public Affairs, Columbia University
ShutterstockIn a time of war and populism, the world needs quality information and credible news outlets. Local news is a part of this healthy ecology.
But news publishers have struggled to find ways to make money in recent years – especially as referral traffic and ad revenue from social media sites continue to fall.
The monopoly power of...