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Alexander Fanta Profile picture
Alexander Fanta
@FantaAlexx
Journalist @ftm_eu covering tech and transparency. On the advisory board @access_info. Co-organiser @1AMedienrunde. Also @fantafanta@mastodon.social

Apr 5, 2019, 5 tweets

If you have wondered what Google's journalism funding ultimately is about, here is Olivia Ma from their News Lab being frank. #Ijf19

Great fun with Google describing how publisher'a business Model 'evolves', ie they took and locked in the markets for online advertising and now offering back a few morsels.

This is the deal Google offers. "Google's revenue share is really just the cost of business", says Olivia Ma. So they'll be the world's meta-publisher for a mere 15% of all mobile news revenue routed through their servers while hoovering up like half of global ad revenue.

Ma also amusingly offered her first vlog failure "'thought me to not read the comments on a YouTube video you're in". This is Google admiting how toxic it's own platform is. #IJF19

*taught

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