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General (General discussion, talk about anything.)
Started by: gaffer (7982)
In 2007 UK newspapers and magazines attracted £7.1 billion of advertising revenue out of a total of £17 billion advertising spend.
In 2022 it was £2 billion out of a total spend of £35 billion. Google, Facebook and their subsidiaries accounted for £15 billion of ad. spend. They steal the news items from papers and grab the advertising on the back of it.
Unless the US media giants are required to pay a levy to support the UK newspapers in lieu of the stories they lift the outlook for our press is bleak
Replied: 20th Apr 2024 at 19:04