Google and Facebook accounted for 54% of U.S. digital advertising revenue in 2020, according to eMarketer, a market research company.
Under the Facebook Journalism Project, for instance, Reuters received funding to develop a digital media training course for journalists.
Both Facebook and Google have made contributions to the news industry apart from the $600 million.
Both Facebook and Google say publishers benefit just from using their platforms, which deliver traffic that helps drive advertising revenue and subscriptions.
The Seattle Times publisher said his paper has participated in programs backed by Google and Facebook.
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