The news business is suffering, but not because people don’t want news. The problem is that the money generated by news audiences flows mostly to Google and Facebook, not to the reporters and publishers who produce excellent journalism. The Duopoly now captures 83% of all digital ad revenue growth and 73% of U.S. digital advertising, according to a CNBC report. As a result, newspapers’ online audience growth does not produce revenue to match. According to data from Pew, newspaper advertising revenue...

Source: Wall Street Journal February 25, 2018 21:33 UTC