This little new piece talks about how Facebook and Google are gradually leading to the demise of journalism, owing to the increased spending on digital ads causing an ad-revenue shortage for traditional media outlets like newspapers and television etc.
A former FCC adviser suggests that the founders of Google, Facebook and Apple should contribute from their revenues and create a $4 billion fund to preserve journalism.
The suggestions put forth in this article sound too good to be true, but I will be happy if it does happen!
http://marketrealist.com/2017/04/could-facebook-save-the-struggling-media-industry/
interesting idea though I'm not sure this would go very far. I love the idea of this happening though
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