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benthompson's profile
Ben Thompson
Ben Thompson
Ben Thompson
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@benthompson

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Ben ThompsonVerified account

@benthompson

Author/Founder of @stratechery. Host of @ditheringfm @exponentfm. @notechben for sports. @monkbent on other networks. Home on the Internet.

Taipei, Taiwan
stratechery.com
Joined December 2006

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    Ben Thompson‏Verified account @benthompson 9 Jun 2019

    Ben Thompson Retweeted Stasys Bielinis

    The New York Times unquestioning write-up of that study claiming Google made $4.7 billion from the news industry was based on this. That’s it.https://twitter.com/Staska/status/1137926042579087360 …

    Ben Thompson added,

    Stasys Bielinis @Staska
    PS. If you are wondering where that original "Google earns $100M from GNews" number came from: From here: http://fortune.com/2008/07/22/whats-google-news-worth-100-million/ … And that number is so easily debunked/challenged when it is used for the purpose of lobbying to levy tolls on Google: https://www.forbes.com/sites/timworstall/2014/12/14/if-google-news-is-worth-100-million-then-why-cant-google-pay-the-newspaper-publishers/#121abbf855a1 …
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    8:40 PM - 9 Jun 2019
    • 59 Retweets
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    • William Floyd sriram chandrasekhar varun sohilgupta.eth Kenny Curry SṔM Ryan Moulton Dival Banerjee 🦆 Philiposophy
    7 replies 59 retweets 245 likes
      1. Ben Thompson‏Verified account @benthompson 9 Jun 2019

        Incidentally, that second link is about European publishers learning the reality that Google actually helps them. I wrote about that at the time, in what in retrospect was an early preview of Aggregation Theory. One of my least-read articles ever 🤣https://stratechery.com/2014/economic-power-age-abundance/ …

        2 replies 16 retweets 92 likes
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      2. Nathan ‘Midnight Leader’ Harris, PhD‏ @NathanIHarris 9 Jun 2019
        Replying to @benthompson

        I’ve always wondered how much money google makes off of Wikipedia as it is consistently top3 in all my searches. All that volunteer labor for google to profit.

        1 reply 0 retweets 0 likes
      3. Ben Thompson‏Verified account @benthompson 9 Jun 2019
        Replying to @NathanIHarris

        Google doesn’t make anything off of Wikipedia

        2 replies 0 retweets 3 likes
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      2. Byron Perry‏Verified account @Byron_Perry 9 Jun 2019
        Replying to @benthompson

        The @nytimes clearly cites the study as being the source of the $4.7B number. The study is newsworthy. Google was asked for comment and did not. The study seems dubious but do you think the number is not in the realm of reality, considering that GOOG made $137B last year?

        1 reply 0 retweets 0 likes
      3. Ben Thompson‏Verified account @benthompson 9 Jun 2019
        Replying to @Byron_Perry @nytimes

        I think the amount that can be claimed by any one publication is $0.https://stratechery.com/2014/economic-power-age-abundance/ …

        1 reply 0 retweets 5 likes
      4. Show replies
      1. Preference Falsifier  🙃‏ @PrefFalsifier 9 Jun 2019
        Replying to @benthompson

        The Times seems to like extrapolating from N=1 data points these days

        0 replies 0 retweets 2 likes
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      1. Yury Molodtsov  👀‏ @y_molodtsov 10 Jun 2019
        Replying to @benthompson

        I don't get why people buy their subscription anymore.

        0 replies 0 retweets 2 likes
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      2. Dinesh Kulkarni‏ @Di_Ku 10 Jun 2019
        Replying to @hallac @benthompson

        This is normal reporting & unhelpful. Anecdotal & admittedly extreme incidents are routinely used to villify companies/ entrepreneurs in the name of social justice. Big rather than bad is the target.

        0 replies 0 retweets 2 likes
      3. End of conversation
      1. Ginny‏ @GinnyHoge 10 Jun 2019
        Replying to @benthompson

        How they made that money wasn’t covered thoroughly enough in the New York Times piece. http://virginiahogeblog.com/making-money-on-topix-anything-goes/ …

        0 replies 1 retweet 1 like
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