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submitted 2 years ago by festus@lemmy.ca to c/canada@lemmy.ca
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[-] avidamoeba@lemmy.ca 11 points 2 years ago

If these websites were someone's blog linking to a news article, I'd agree. They're not and they're not merely linking content. This isn't the open web, it's not the internet. These are platforms with captive audiences. Once you put that in the thought process, it flips the argument on its head.

[-] jet@hackertalks.com 0 points 2 years ago

And if Facebook and Google simply refuse to link to the sites that charge the money to link to them. What will happen then?

[-] Enkers@sh.itjust.works 6 points 2 years ago

It's simple, they can either take it or leave it. If the assessments of profitability of this content are accurate, it will still be profitable for Google and Meta if they cave to demands. They'll hem and haw for a while, but they'll take the deal. At the end of the day, they're capitalist corporations, and they won't simply leave money on the floor.

That $234 M would be roughly 2% of the $11.2 B in revenues the two platforms are making in Canada. Does the Canadian news segment account for more than 2% of that revenue?

[-] ryper@lemmy.ca 10 points 2 years ago* (last edited 2 years ago)

Not sure there's much reason for Meta to cave: Meta's Canada news ban fails to dent Facebook usage

Daily active users of Facebook and time spent on the app in Canada have stayed roughly unchanged since parent company Meta started blocking news there at the start of August, according to data shared by Similarweb, a digital analytics company that tracks traffic on websites and apps, at Reuters' request.

Another analytics firm, Data.ai, likewise told Reuters that its data was not showing any meaningful change to usage of the platform in Canada in August.

Doesn't seem like news was providing Meta much value.

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this post was submitted on 01 Sep 2023
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