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The News Industry’s Demise – Case Study

by TheBusinessProfessor | Sep 30, 2024 | 0 comments

YouTube Video UExfdWpiaThtREFsUVd1NG5LZFVtU3pnZG9HeWthb3RNTy5EMzJDRTUwQjBEOUVFQzAw Google and Facebook have siphoned $14 billion a year from local news. It's killed the industry.<br />-----<br />More Perfect Union’s mission is to build power for working people. Here’s what that means:<br /><br />We report on the real struggles and challenges of the working class from a working-class perspective, and we attempt to connect those problems to potential solutions.<br /><br />We report on the abuses and wrongdoing of corporate power, and we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.<br /><br />We're an independent, nonprofit newsroom. To support our work:<br />- Help fund our reporting: https://secure.actblue.com/donate/mpu-splash<br />- Substack: https://substack.perfectunion.us/<br />- TikTok: https://www.tiktok.com/@moreperfectunion<br />- Twitter: https://twitter.com/MorePerfectUS<br />- Facebook: https://www.facebook.com/MorePerfectUS<br />- Instagram: https://www.instagram.com/perfectunion/<br />- Threads: https://www.threads.net/@perfectunion<br />- Website: https://www.perfectunion.us

Google and Facebook have siphoned $14 billion a year from local news. It’s killed the industry.

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