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Social media and newspapers
Just the two of them
Publishers are wary of Facebook and Google's heft, but have no choice but to work with them.
IN RECENT months Google and Facebook have made changes that may escape the notice of most of their billions of users, but not of news organizations. Facebook began displaying the logos of publishers in some of its posts, so readers can identify the news source. And Google for the first time gave publishers the ability to control how many times the search engine's users can visit news sites free of charge. Both will directly help papers to sell subscriptions.
To critics of the social-media giants, that might look like wolves offering to help the sheep while still feasting on the herd. The business of both Facebook and Alphabet, parent of Google and YouTube, is to occupy people's time and attention with their free services and content, and to sell ads against those eyeballs. For them, quality journalism is just another hook.
Facebook calls its “News Feed” offering its most important product, but in recent years it has tweaked the feed in ways that de-emphasize actual news, instead prioritizing updates from friends and family over those from publishers. The associated ad revenues for many publishers have been either nominal, in the case of Facebook's fast-loading “instant articles”, or as yet mostly non-existent, in the case of videos they make for the social network. News sites have found they have no choice but to work with the two tech giants, however: Facebook, with its 2bn users, and Google, which directs 10bn clicks a month to publishers, are where their readers are.
So there is no confusion about where the power lies. That is unlikely to change much in future, although publishers are fighting back a bit. In America a consortium of nearly 2,000 news organizations, the News Media Alliance, is asking Congress for an antitrust exemption to allow publishers to negotiate collectively with the two firms. David Chavern, the consortium's president, lists some of the demands: more ad revenue; the sharing of data about their audiences on the tech platforms; better branding for publishers, as the use of logos is very limited (people simply say, “I read that on Facebook”, says Mr Chavern); and support for subscriptions.
That the tech giants are making concessions on some of these points may be because they sense that the political mood is turning against them in America and in Europe, or because of genuine concern for the media ecosystem. Whenever journalism turns, Facebook and Google loom large. Their recent moves, although welcome to many publishers, are unlikely to alter the trajectory of the relationship.
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