In 2022, Google made upwards of $30 billion in revenue from the sale of ad space on publishers’ websites which was six times the digital advertising revenue of all U.S. news publications combined, according to a statement by Gannett.
- Jck2905 ( @Jck2905@beehaw.org ) 6•1 year ago
Sounds like good news to me. The article also states the doj and eu have launched similar lawsuits. Any reason this could be bad?
- Takel ( @takelgryph@pawb.social ) 9•1 year ago
Given how much Gannett is to blame for newspaper consolidation and the resulting shitshow, this feels more like a “let them fight” at best.
- Banzai51 ( @Banzai51@midwest.social ) 3•1 year ago
Gannett: My actions have disastrous consequences. We should sue Google!
- Domiku ( @Domiku@beehaw.org ) 3•1 year ago
Yeah – I’m in the “let both of the capitalist megacorps lose” camp.
- rothaine ( @rothaine@beehaw.org ) 2•1 year ago
Lawyers on both sides: 💰💰💰
- Jck2905 ( @Jck2905@beehaw.org ) English1•1 year ago
Ohh, I never looked into gannet before so thank you for sharing!
- Pete Hahnloser ( @Powderhorn@beehaw.org ) 4•1 year ago
Any win for Gannett is not a win for journalism, it’s a win for shareholders. Whether that’s bad depends on your views.
- Pete Hahnloser ( @Powderhorn@beehaw.org ) 2•1 year ago
Newspapers had local monopolies for decades, so they’re well positioned to understand monopoly practices. Gannett is throwing a tantrum because consolidation-via-underpants-gnomes logic alongside “partnerships” with online companies handed that monopoly to someone else.
Totally self inflicted.