Facebook / Google could share advertising revenue with local news reporting
By Hicbd
Thu Oct 14 2021 8:12 am
"But several media analysts and news business executives told Reuters that the funding - set to last three years - does not nearly compensate for the tens of billions of dollars publishers lost as the tech companies gobbled up the digital advertising market. Google and Facebook accounted for 54% of U.S. digital advertising revenue in 2020, according to eMarketer, a market research company."
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