, 10 tweets, 4 min read Read on Twitter
Utter bullshit. Snippets in search are NOT content. Jeesh. They are links TO the publishers. Google does not monetize Google News. When it makes money on news it's by serving ads ON publishers' sites.

nytimes.com/2019/06/09/bus…
News media trade associations are proving to be venal and dangerous. In Europe, they brought us the horrid, net-killing copyright law. In the US they're trying to evade antitrust and they have no strategy so they attack platforms, which is no strategy.
Every single time you see industry PR upchuck like this in the NY Times & other papers--and moral panic abour the net--realize how self-serving it is for them to attack the platforms. Publishers are in competition...and losing.

nytimes.com/2019/06/09/bus…
Just leaving Newsgeist where we had a rousing discussion of EU copyright. Publishers screwed themselves with this. They haven't realized that the economy has shifted from products/property (content) to relationships. They corruptly used their political capital to screw the net.
Just heard from Google. Here is the company's statement regarding this story, which The Times has not included.
I don't know how hard The Times worked to get comment from Google. I asked Google PR and the reporter didn't reach out to any of the usual contacts.
Now here's @NYMag flacking for itself & its own industry with more shameless regurgitation of industry PR and no reporting. This is not journalism. But this is how many encounter it: as churnalism. And they wonder why we're not trusted.
nymag.com/intelligencer/…
@NYMag The question should now be reversed: How much did the news industry make from Google, Facebook, et al through 1) ads served on their sites, 2) revenue share, 3) links carrying new users (value the industry *never* exploits fully)?
@NYMag We may soon be able to calculate the value of the platforms to the publishers. EU's copyright law may force platforms to eliminate publishers links and snippets. Publishers will suffer. The public will suffer. Protectionism is no business strategy.
@NYMag See the URL for that travesty of a Times story, which reveals how they categorized it: as an "antitrust" story. Wha? This is a newsroom doing the work of the publisher & his industry pals, thinking they are building a case against their competitor. Where's the ombudsman? Oh, yeah
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