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Media Roundup: Patreon joins unicorn club, Facebook could ban news in Australia, more

Media Roundup: Patreon joins unicorn club, Facebook could ban news in Australia, more

Welcome to the very first version of Extra Crunch’s Media Roundup. Over the previous few months, we’ve launched options like Decrypted, Deep Science and The Exchange, which combination and analyze the most recent information in a given sector, so it appeared overdue to do one thing comparable for media.

The purpose is to supply an everyday replace on what entrepreneurs within the content material or promoting enterprise must be fascinated by. That doesn’t simply imply startup funding — we’ll monitor the broader panorama, together with platform insurance policies that might have an effect on everybody — which is simply as vital as realizing who’s getting checks.

If you have got any ideas on what you’d prefer to see included in future roundups, please let me know within the feedback under.

Let’s get began.

Facebook could ban information sharing in Australia

This is a part of an ongoing dispute between Facebook and the Australian authorities, which has created a plan that may require Facebook and Google to share income with Australian information publishers whose content material seems on their providers. Both firms have a sophisticated relationship with the information enterprise, with many publishers each counting on giant platforms for visitors whereas additionally resenting the truth that these platforms take the overwhelming majority of digital advert income.

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In an try to enhance that relationship, Google and Facebook have dedicated in recent times to investing lots of of thousands and thousands of {dollars} in journalism — and whereas these efforts are commendable, it’s price asking whether or not publishers must be entitled to extra by regulation, not simply as a present.

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