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.

  • Pete Hahnloser@beehaw.org
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    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.