Much of the news business is being hammered by the decline in advertising because of Covid-19, just when the public most needs reliable information. While digital audiences are way up, the rapid contraction in revenue has so far caused 33,000 news media employees to be furloughed, to be laid off or to suffer reduced pay.
But in the midst of this crisis, something very good just happened for journalism: French antitrust authorities ordered Google to negotiate with publishers to pay for the news content shown in search results. It is the first time that a major digital platform has been required to pay for news anywhere.
David Chavern serves as President & CEO of the News Media Alliance. Chavern has built a career spanning 30 years in executive strategic and operational roles, and most recently completed a decade-long tenure at the United States Chamber of Commerce. View bio.