Big Tech Has Crushed the News Business. That’s About to Change.

News organizations have long hoped that tech platforms would pay them for news. Now regulators abroad are moving to make that happen. A report by Australian regulators left little doubt about what they see as the cause of local journalism’s demise — the near monopolistic power of Google and Facebook. And it has set off a chain of events that could shift the balance of power between big tech and the news at a dire moment for journalism.

Source: Big Tech Has Crushed the News Business. That’s About to Change.

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