This New Gilded Age 0
Ad revenue has long been the primary source of income for newspapers, news magazines, and other news outlets. Now that the majority of persons report getting their news online (and, as an aside, far too much of it from “social” media, but I digress), that stream in drying up.
In the Wilmington News-Journal (and, I suspect, in other Gannett publications), Mike Reed, Chairman and CEO of Gannett, explains why Gannett has chosen to join other news outlets in suing Google for its stranglehold on domineering control of online ad revenue.
It’s a complex issue, so I’ll not try to excerpt or summarize his piece, just recommend that you give it a read.
