Local News Broadcasters Losing Billions While Google & Facebook Gaining
BIA Advisory Services reached out to me a few weeks ago for some feedback on a study about how the big online news platforms were affecting the businesses of local news broadcasters. In their recently published study commissioned by NAB, “The Economic Impact of Big Tech Platforms on the Viability of Local Broadcast News”, BIA estimates that local broadcasters lose $1.9B annually by supplying their content to Google & Facebook. The study concluded that none of these platforms allows broadcasters to…