The platform patrons: How Facebook and Google became two of the biggest funders of journalism in the world (Columbia Journalism Review)

Columbia Journalism Review: The platform patrons: How Facebook and Google became two of the biggest funders of journalism in the world. “Taken together, Facebook and Google have now committed more than half a billion dollars to various journalistic programs and media partnerships over the past three years, not including the money spent internally on developing media-focused products like Facebook’s Instant Articles and Google’s competing AMP mobile project. The result: These mega-platforms are now two of the largest funders of journalism in the world.”