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Re:Why won't some people pay for news? (2022) by robbie-c on Friday August 16, 2024 @01:31PM (#41268449)
Is this related to what almost killed CollegeHumor/Dropout? IIRC facebook were lying to them about how well their facebook videos were performing, so they hired a large team based on that ad revenue. When them + advertisers found out that facebook were lying, they had to let go almost everyone apart from a skeleton crew.
Re:Why won't some people pay for news? (2022) by marcus_holmes on Sunday August 18, 2024 @01:58AM (#41280411)
Yes, I believe so. We had less staff issues, we tested the waters before going all-in, but it was still a diversion of effort and emphasis for zero gain (for us - I believe Meta did well from it).