Google blocking links to California news outlets from search results
Google has temporarily blocked local news links in California due to the CJPA advancement, urging lawmakers to reconsider to prevent a negative impact on the news industry. [ more ]
US judge rules that Google will face certain antitrust claims
Google faces antitrust concerns following a United States District Judge's decision to continue with a case filed by advertising companies accusing Google of anti-competitive practices.
The Judge allows a case by Gannett, a major news media publisher, to proceed, focusing on allegations that Google fraudulently concealed the effects of its technology on ad revenue. [ more ]
Facebook's referrals to news sites are continuing to decline, with only 33% of traffic coming from Facebook in December 2023 compared to 50% in December 2022.
The Daily Mail saw a significant drop in traffic from Facebook, with only 2.7% of its traffic coming from the platform as of November 2023. [ more ]
The News About the News Business Is Getting Grimmer
The mainstream news industry is struggling to stay afloat, with prominent newspapers shedding reporters and editors and local newspapers closing at an alarming rate.
Only about one in five public radio stations is producing local journalism, leading to a lack of solid news coverage at a time when it is needed most. [ more ]
AI adoption in newsrooms presents "a familiar power imbalance" between publishers and platforms, new report finds
Uncertainty in the news industry, AI hype, and the search for new revenue streams are driving news organizations to adopt AI technology.
There is a power imbalance emerging between news publishers and tech companies as AI-powered search engines become more prevalent and newsrooms embrace the technology internally. [ more ]
Is American Journalism Headed Toward an 'Extinction-Level Event'?
Major layoffs and cuts are happening in the news industry, including at Time magazine, National Geographic, and the Los Angeles Times.
The Los Angeles Times, once a revered institution, is now a symbol of the decline of news organizations as it faces significant cuts and struggles to find a clear business strategy. [ more ]
Billionaire Patrick Soon-Shiong has invested hundreds of millions of his own money into the unprofitable Los Angeles Times, highlighting the struggles of the news industry in the digital era.
The L.A. Times is estimated to be losing $50 million a year, while The Washington Post was set to lose $100 million last year.
News companies, even those that are still making money, are trying to find ways to adapt to the changing media landscape and innovate. [ more ]