> I've seen a few people point out that the MSM is actually mad because FB really has the same business model
Facebook themselves have been pushing this angle so they’re probably very grateful any time someone repeats it!
It’s very convenient because it allows them to dismiss pretty much any reporting about them as biased. In reality though, the source of this story, NY Times, is more profitable than it’s been in a long time and the majority of that profit is coming from subscriptions, not ads. ProPublica, a non profit with zero ads has also done some excellent work covering Facebook. They don’t have the same business model as FB and never have.
This isn’t true for every media outlet out there but to write off any critical coverage of FB because “it’s the media” feels wildly shortsighted to me. The advice is “consider the source” not “dismiss based on the source”.