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With Google & Meta blocking Canadian news, what next?
(www.ctvnews.ca)
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this post was submitted on 04 Jul 2023
116 points (97.5% liked)
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Good thing the law isnt charging people but the richest and most powerful corporations on the planet!
News sites used to generate a lot of ad revenue. Now, Google and Facebook combine to receive 80% of all ad revenue. If you see an ad online, it's likely Google or Facebook got paid for it.
But why do they make so much ad money? Because they host links to what people want. They're making tens of billions simply by hosting links to the content of others, who aren't making money anymore because advertisers give their money to the link hosters and not the content creators. This "link tax" is a way to ensure the content creators get their fair share. Google and Facebook don't create content, they link to it. Why should they get all the money?
I have no sympathy for ad driven businesses. Let me buy access to ad free news and I'll be interested. Fundamentally this is because the traditional news business model stopped working and they never bothered to update to a model that does work. Instead, they want to legislate that they get paid without even trying to adapt or improve.
So the hotel concierge doesn't actually 'do anything