>Meta is fundamentally a media company
You were soooooo close.
Meta is fundamentally a targeted advertising company, not a media company.
You were soooooo close.
Meta is fundamentally a targeted advertising company, not a media company.
The amount of subscription driven media today is relatively a very small part of the industry.
From the customer perspective, it works. The main problem is price competition for access to audiences. That's why fb revenues are what they are. The ads work, largely because ofntracmjng/targeting.