You probably have noticed that your favorite online newspaper or magazine has put up subscription pay walls that force you to buy a subscription or make a donation to them before you can read their content. The Save Journalism Project warns that this new pay-as-you-read arrangement will create two systems of journalism: higher-quality journalism worth paying for and restricted to those who can afford it, and free content that incentivizes sensationalism and outrage - - instead on fostering accuracy.
The problem is expected to become much worse as Google phases out third-party cookies. Many websites use cookies to collect data about you including your viewing and buying habits. The websites use the data to create third-party data packages. Many online publishers, large and small, use third-party data to target you with targeted ads - some which will pop up on your screes(s) later in the day.
Advertisers pay the media companies to run those ads. It’s the money from the advertisers that keep the news outlets afloat.
Generated third-party data via the use of cookies is being phased out of the ad ecosystem because it's not considered privacy-friendly. While Google says its changes will increase user’s privacy, the advocacy group Save Journalism says Google’s privacy rationale makes no sense.
Rather than using a de-identifying third-party data, the New York Times, for instance, according to the advocacy group, will rely on first-party data from its logged-in users. First-party data is tied directly to personally identifiable information like user names and email addresses.
While media giants have the funds to set up first-party data systems, it’s a move that small companies cannot afford. This will give large companies an advertising advantage that will enhance their profitability. Smaller companies will be left unarmed.