Google and Facebook Diversifying Away from Advertising
NeverFriday
DECEMBER 30, 2018
Rick Webb wrote an article last year on how Google and Facebook will eventually suffer from a massive devaluation. This is because while they dominate the digital advertising market, they cannot displace TV advertising easily. There’s an interesting comparison to traditional media companies, Disney, Time Warner, and Viacom: Disney made $55 billion in revenue last year.
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