And that somehow an error in the *length of time viewed* calculation (that was really just a mislabel of a different correctly calculated metric) led all media advertisers astray...forcing them to make the disastrous conclusion that...people like video more than text.
The narrative we’re supposed to believe here is that the media was humming along, profitably employing tons of writers, until Facebook caused them all to self-immolate?https://twitter.com/the_moviebob/status/1052586563706728451 …
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We seem to be giving FB way too much credit than they deserve at this point
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The Internet disintermediated (disrupted) journalism. The OpEd page suddenly had more voices, additional authors, not just the publisher's. The publisher's role as gatekeeper was diminshed. FB is but one platform, but not *the* platform.
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Didn't the media companies know if their investment in Video brought the necessary return? We used to blame IBM. Nowadays it's Facebook.
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