Curated Resource ( ? )

Why the media should resist Facebook’s offer:, and why it can’t

Why the media should resist Facebook’s offer:, and why it can’t

my notes ( ? )

"Skeptics are howling that this is a Faustian bargain—that the media are mortgaging their long-term futures for short-term gain... Facebook has presented the news media with a collective-action problem. News sites aren’t blind.... if they could all get together and decide, as a group, what to do about Facebook, no doubt they’d think long and hard about the long-term sacrifices ... But news sites don’t function as a collective. On the contrary, they operate as rivals... Collectively, news media would be foolish to put their fate in Facebook’s hands. Individually, however, they might be foolish not to. " - Facebook’s deal with New York Times, BuzzFeed: Why the media should resist it, and why it can’t.

Read the Full Post

The above notes were curated from the full post www.slate.com/articles/technology/technology/2015/03/facebook_s_deal_with_new_york_times_buzzfeed_why_the_media_should_resist.html.

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