this post was submitted on 22 Jun 2023
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[–] [email protected] 0 points 2 years ago* (last edited 2 years ago) (1 children)

Does your employer pay you by paying taxes and then government distributes them to you? If there was a real business here, then an arrangement would be made between Facebook and these news organizations. Facebook wouldn't want to lose out on the profit so they'd pay news agencies for the content. But the truth this, the news agencies are profiting far more than Facebook is from this arrangement. They literally need the government to step in because there is no actual business here.

The news agencies can absolutely pull out of Facebook. They can opt out of summaries and photos. But they don't.