A look at Facebook’s billion dollar 2016 hit on the news ecosystem

A look at Facebook’s billion dollar 2016 hit on the news ecosystem – Poynter

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via Poynter: http://www.poynter.org/2016/a-look-at-facebooks-billion-dollar-2016-hit-on-the-news-ecosystem/440471/

The Facebook ad juggernaut may next be poaching from local TV ad budgets as it builds out video audience. And Facebook remains a formidable competitor to magazines and any digital startup, profit or nonprofit, for whom digital ads are an important revenue source.