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Cake day: June 23rd, 2023

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  • It’s simple, they can either take it or leave it. If the assessments of profitability of this content are accurate, it will still be profitable for Google and Meta if they cave to demands. They’ll hem and haw for a while, but they’ll take the deal. At the end of the day, they’re capitalist corporations, and they won’t simply leave money on the floor.

    That $234 M would be roughly 2% of the $11.2 B in revenues the two platforms are making in Canada. Does the Canadian news segment account for more than 2% of that revenue?