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A new paper argues that the “26 words that created the internet” should remain in force — but only for companies that agree to certain new regulations and restrictions.
For more than a decade, handing 30 percent of subscription revenues to the tech giants has just been the cost of doing business. A gaming fight could unlock new ways to pay.
Lookout doesn’t want its local news sites to be a supplement or alternative to the local daily. They aim to be the news source of record in their communities, outgunning their shrunken newsprint rivals from Day 1.
“On Google, searching for ‘coronavirus facts’ gives you a full overview of official statistics and visualizations. That’s not the case for ‘coronavirus truth.'”
A giant potential audience isn’t good enough on its own anymore: “It’s time to re-examine all of our relationships with the big platforms.”
Google and Facebook are happy to pay for news — as long as it’s on their terms.
“You want to move your business and your model to the place on the media chessboard where the dollars are going to be going” — the TV money that will follow audiences to streaming.
Facebook and Google argue that the value they derive from news content is marginal and they don’t believe they should be responsible for funding it.
A new round of consolidation could kill off half of what were the major U.S. newspaper chains just a few months ago. But the possibility of platform cash is sparking hope.