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@beehaw.org
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    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@pawb.social
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      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.

    • Pete Hahnloser@beehaw.org
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      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@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.