Chapter Sixteen. Do Technology Companies Care About Journalism

Bell, Emily

doi:10.7312/schi18882-017

Cited by 6 publications

(2 citation statements)

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“…The responses from Google and Meta to the Australian News Media and Digital Platforms Bargaining Code (Bossio et al, 2022;Heylen, 2023;Leaver, 2021), their approach and willingness to bargain with news media companies when the code was introduced into law (Royal & Napoli, 2022;Treasury, 2022), and their changing commitments to their own internal news initiatives (Bell, 2021;Papaevangelou, 2023) all suggest that the attitude of the major digital platforms to news sustainability is highly fluid. Canada's introduction of the Online News Act 2023 (Robertson, 2023) and California's proposed California Journalism Preservation Act (Paul, 2023) have led to threats from Meta to cease to carry news, as was the case with the Australian Code proposal, giving further credence to the argument that such platforms do not value news content on their platforms.…”

Section: Platformisation Advertising and News Distributionmentioning

confidence: 99%

The Value of News: Aligning Economic and Social Value From an Institutional Perspective

Flew,

Stepnik

2024

MaC

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Journalism is considered essential to a functioning democracy. However, the continued viability of commercial news production is uncertain. News producers continue to lose advertising revenue to platform businesses dominating digital advertising markets, and alternate consumer direct revenue streams are not yet meeting the financial shortfall. This has led to questions of who should pay for news, the role of governments in maintaining news production viability, and whether digital platforms have social or economic responsibilities to pay news publishers. In this article, we seek to make explicit what is often implicit in such debates, which is the value of news. This is hard to know in advance as news is an experience good whose value and quality are only known after consuming it, and a credence good, whose perceived qualities may not be observable even after it is consumed. As such, preparedness to pay for news can be hard to ascertain, accentuated by the large amount of free news available online. This article seeks to use a value perspective to consider the relationship between individual consumer choices and questions of news’s value to society. Applying a new institutional economic perspective, it is observed that the value of news as a consumer product needs to be examined in relation to its value as a social good in democratic societies as both a media product and part of the institutional environment in which other social actors operate. We consider news’s social and economic value within a context of platformed news distribution and declining advertising revenues that appear to be structural and not cyclical.

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Section: Platformisation Advertising and News Distributionmentioning

confidence: 99%

The Value of News: Aligning Economic and Social Value From an Institutional Perspective

Flew,

Stepnik

2024

MaC

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“…through local/regional taxation, expanding civic media, and sharing profits with local and regional newsrooms (Bell, 2021).…”

Section: Declaration Of Conflicting Interestsmentioning

confidence: 99%

The digital divide in the journalism sector

Mellor

2023

Convergence: The International Journal of Research into New Med

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This article argues that the digital sphere has maintained the offline hierarchal forms of political, economic, and cultural powers, taking the Arab journalism sector as a topical case study. The article explores the potential of digital platforms as a new source of revenue for Arab news media and a new site for disseminating informative content that helps push the freedom of speech in the region. It demonstrates the difficulty of achieving either goal partly due to the monopoly of Big Tech over the digital advertising market and partly due to the competition among Arab media outlets to use clickbait content to lure audiences and hence increase superficial metrics such as clicks and shares. The article draws on different forms of evidence, including articles penned by Arab journalists, in which they reflect on their experiences in the digital sphere, papers by Arab scholars, in addition to informal conversations with selected Arab journalists.

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Advertising Decline as a Media-Economic Factor: From Two-Sided Markets to Datafication in Journalism

Lischka

Siegert

2022

Handbook of Media and Communication Economics

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Chapter Sixteen. Do Technology Companies Care About Journalism

Cited by 6 publications

References 0 publications

The Value of News: Aligning Economic and Social Value From an Institutional Perspective

The Value of News: Aligning Economic and Social Value From an Institutional Perspective

The digital divide in the journalism sector

Advertising Decline as a Media-Economic Factor: From Two-Sided Markets to Datafication in Journalism

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