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Facebook News debuts as publishers call for fairer business model

on Oct 25, 2019 | 0 comments

By Andrew Blustein

Facebook has introduced Facebook News, a dedicated news section in its app that the company hopes will aid “in our effort to sustain great journalism and strengthen democracy”.

Facebook has been criticized for eating into publishers’ revenues, as news outlets have had to rely on the social giant for reach while succumbing to the digital duopoly of Facebook and Google that takes in roughly 60% of all US digital ad spend, according to eMarketer.

The New York Times, The Wall Street Journal, The Washington Post, BuzzFeed, Business Insider, Fox News, Condé Nast and Gannett are among the publishers involved Read full story ›

Source: The Drum