Google & Facebook bigger $ threat to News Companies then Trump

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News Outlets to Seek Bargaining Rights Against Google and Facebook
>Google and Facebook, are posing a bigger threat economically than President Trump is (so far) with his rhetoric.
>Google and Facebook continue to gobble up the digital advertising market, siphoning away revenue that once paid for the quality journalism that Google and Facebook now offer for free.
>newspapers that once delivered their journalism with their own trucks increasingly have to rely on these big online platforms to get their articles in front of people, fighting for attention alongside fake news, and cat videos.
>It’s an uneasy alliance that has publishers chafing at the returns they receive from Google and Facebook, which rely on the free flow of premium news and information.
>It’s an extreme measure with long odds.
>The Alliance, the main newspaper industry trade group, is leading the effort to bargain as a group. But it has buy-in across the spectrum of its membership, bringing together competitors like The New York Times, The Wall Street Journal and The Washington Post as well as scores of regional papers like The Star Tribune of Minneapolis, which face the gravest threats of all.
>Capturing the current mood, News Corporation — which oversees The Journal, The New York Post and Dow Jones — said in a statement that it supported the effort to “focus the public and Congress on the anticompetitive behavior of the digital duopoly, especially as it adversely affects the news and information businesses.”


http://www.msn.com/en-us/money/companies/news-outlets-to-seek-bargaining-rights-against-google-and-facebook/ar-BBE5Eko?li=BBmkt5R&OCID=ems.display.welcomeexperience