By 2006, Fred Wilson of Union Square Ventures was dissecting the impact of digital media’s disaggregation on content creation, editorial, distribution, and revenue generation. He noted “the first step in the content consumption process (finding the content you want) is being monetized by Google and Yahoo! and others, not by the companies that are p... See more

'Big internet platforms' send traffic to newspapers, which is worth money to them, but now they must also pay the newspaper companies for those links, or to use the snippets and extracts that the newspapers give them (yes, all those extracts are controlled by newspapers).