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by pbalau 2779 days ago
About second half 2016, iirc, Facebook changed the News Feed, so instead of showing first Pages content in your feed, they were showing what your friends posted/shared first. One could argue this was a good thing. What happened after is that many, if not all pages got a hit in reach/traffic. Who do you think has been hit the most by this? Media maybe? (less traffic redirected to their websites, less opportunities to show adds on said websites, less money for them). I think there even was a story about Murdoch trying to persuade Zucky to change his mind, found one: https://www.cnbc.com/2018/02/12/facebook-rupert-murdoch-thre...
1 comments
ipython 2779 days ago
If Facebook has hurt the bottom line of the nyt so much, why has their share price doubled since mid 2016?
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bepotts 2779 days ago
Because of Trump and the US Government abdicating all responsibility in checking the Executive Branch? NYT's subscriptions jumped after the 2016 election because a free press is extremely vital at this point.

The US is in a very weird spot right now with Democratic norms sliding. Once we exit this weird period and US Government returns to normal, lets see how the NYT's stock price fares then.

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pm90 2779 days ago
> The US is in a very weird spot right now with Democratic norms sliding. Once we exit this weird period and US Government returns to normal, lets see how the NYT's stock price fares then.

I don't think the US Government will ever return to what it used to be pre-Trump, and I think its a good thing. One thing we've seen is just how brittle our Republic really is; how much we rely on so many people doing the right thing. I suspect the new wave of younger Congresspersons, who campaigned in an environment with a completely undemocratic and vile POTUS, will be deeply suspicious of unchecked Presidential authority. And I would argue that's a good thing.

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