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Australia’s media concentration ranked second-worst in world as experts call for levy on tech firms (www.theguardian.com)

submitted 1 month ago by [email protected] to c/[email protected]

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Google and Meta account for 70% of digital advertising and should pay a levy to fund traditional media, according to a new report on media concentration led by researchers from several Australian universities.

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[–] [email protected] 4 points 1 month ago

the digital age of data-driven capitalism and AI and with the dominance of global digital conglomerates and the possible demise of the news media bargaining code, public interest journalism is in jeopardy

How should journalism look? Because we’ve had tycoons and capitalism involved since the earliest days of print. Why should we prop up the old system if it was always this?