1 min read
Don’t They Look Happy?
Traditional media outlets that have owned advertising revenues for 100 years have been completely disrupted since the rise of Google and Facebook. Those two players alone literally took half the market.
It’s tough being the CEO at the Fairfax board meeting where year over year for the last 10 years you need to say you missed your revenue targets, which were already SHRINKING TARGETS.
There wasn’t a single peep in the media yesterday about advertisers switching off Facebook Ad campaigns.
Ideologically, Facebook does have more of a leg to stand on than Google because Google uses it’s SPIDERS to crawl every news service under the sun and index it automatically, whereas Facebook literally relies on the new sites uploading their own content. How can they be penalised for being a platform that simply takes content it never really asked for, and as the actions of the last few days have proved, doesn’t really need.
He’s got the backbone of a shoddy roof repairer shot into space. I guess he’s dissing MEGAN MARKLE’S burgeoning political career next?
