“Media companies are like serfs working Facebook’s land,” is the comment from Jason Kint, chief executive officer of the industry trade group Digital Content Next, as reported by Bloomberg Businessweek.
- News outlets are complaining about Facebook’s terms for TV-quality videos meant to compete with YouTube.
- News executives say Facebook is more skewed toward its own interests than Apple News, Snapchat Discover, or Google Accelerated Mobile Pages.
- Facebook’s efforts to build a library of high-end original videos are meeting resistance from publishers frustrated by the way the company has treated them.
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