https://www.gatestoneinstitute.org/18626/russia-conspiracy-theories-media
The Wall Street Journal reports that Facebook paid over $20 million to the New York Times and $15 million to the Washington Post in annual fees. Even more valuable than the big checks was Facebook’s ability to push media content to its users. Last year, sources at several publishers were crediting Facebook News with massive traffic surges, but not everyone was equal.
“Many other U.S. news publishers are getting payments from Facebook to have their content featured in its news tab, but they only get a fraction of the sums paid to the Washington Post, the New York Times,” the Wall Street Journal noted.
Facebook and the media had created a cartel in which media sites created paywalls to raise the value of their content and gain better deals with the social media monopoly. Zuckerberg’s company offered its biggest media critics big checks in exchange for exclusive deals. Both sides claimed that they were “fighting misinformation” with what was really a shakedown and a cartel.
When the media accused Facebook of spreading conservative misinformation, the only defense was providing special privileges for the media. Despite the fundamental illegality of such cartels, Democrat politicians and the media openly pressured Facebook to promote “responsible” journalism, by which they meant their own political content, at the expense of “misinformation”.
By then the entire debate about misinformation had boiled down to creating a two-tiered content system across Big Tech that would fund and push media content while suppressing rival material. This urgent need for a news cartel was described as the best way to meet the “threat to democracy” posed by the “wild west” of the internet. This cynical rhetoric carefully avoided any discussion about the benefits that would flow to the media from this arrangement.
Recent entries from the Washington Post, which was being paid $15 million, include, “Facebook Gives Gun Sellers 10 Strikes Before Ban” and “Facebook Fails Again to Detect Hate Speech in Ads”: both of which went viral. The former taps into the new mania over gun control to manufacture yet another crisis involving Facebook. And crises reward the media cartel.
The two interlocking cartels, Big Tech and the media, became politically and then economically interdependent in a way that was both illegal and deeply dangerous to a free society. The lies, the conspiracy theories and the censorship are products of technopolitical collusion between two sets of corrupt companies that have devastated our politics, our culture and our country.
The two cartels set out to control our speech and our politics for their own power and profit. They did it by manufacturing a crisis and declaring that their abuses were the solution.
Both Big Media and Big Tech cartels need to be broken up before they break our society.
In the fall of 2019, Facebook announced that it would be writing selected media outlets some very big checks. The launch of Facebook News was billed as a way to give consumers more access to information, but it was actually an attempt at appeasing big media companies.
