Facebook Makes It Clear That Advertisers Are More Important Than You Are

Facebook Makes It Clear That Advertisers Are More Important Than You Are

In this column piece, Fortune magazine’s Matthew Ingram says Facebook may be a great place to post pictures of a cute kitten, but at its heart it’s a media company. And like all media companies it wants to make dollars by pandering to its advertisers first and foremost…

At its heart Facebook is a media company, and media companies cater to advertisers, not users.

If there’s one battle that has crystallized a lot of the fear and uncertainty around the media business recently, it’s the fight over ad blocking. Most publishers see it as nothing less than an existential threat to their way of life, and they view users who do it as traitors and thieves. And now they have a powerful ally in that war—namely, the world’s largest social network.

There was a lot of obfuscation in Facebook’s announcement on Tuesday, but the bottom line is that the social-networking behemoth has short-circuited the way that ad blockers function, by removing all the indicators that tell ad-blocking software what is an ad and what isn’t. The end result is that users will no longer be able to block ads on its site.

Not surprisingly, advertisers and publishers were overjoyed to have Facebook in their corner. The Interactive Advertising Bureau (IAB) said the social network“should be applauded for its leadership on preserving a vibrant value exchange with its users,” and the Newspaper Association of America said it should be “a wake-up call for any publishers who haven’t taken ad-blocking seriously so far.”

For months, publishers have been trying to find ways to combat the rise of ad blocking. Some have taken to using popups that ask users to “whitelist” the site, while others have blocked anyone using ad-blocking software from reading anything on their pages. New York Times editor Mark Thompson said recently that the paper planned to step up the fight because “no one who refuses to contribute to the creation of high quality journalism has the right to consume it.”

Facebook, meanwhile, tried hard to argue that it isn’t blocking ads just because they make the network billions of dollars in revenue. Andrew Bosworth, the VP in charge of advertising and business use of the platform, said in an interview with the Wall Street Journal that the decision “isn’t motivated by inventory. We’re doing it more for the principle of the thing.”

That’s a noble sentiment. But which principle is Facebook trying to uphold exactly? The company says that advertising is “part of the Facebook experience,” and it is rolling out tools to help users choose what kinds of ads they see. But ultimately, it has decided that advertisers are more important than users.

Read the full article here.




Latest News

It’s Friday Quiz Time Again!
  • Media

It’s Friday Quiz Time Again!

Take B&T's trivia quiz for your chance to win a $100 booze voucher and possible cirrhosis of a major internal organ.

by B&T Magazine

B&T Magazine
Big data technology and data science illustration. Data flow concept. Querying, analysing, visualizing complex information. Neural network for artificial intelligence. Data mining. Business analytics.
  • Marketing

SenateSHJ Launches New Trans-Tasman Practices

SenateSHJ has launched a new digital, data and insights capability designed to help clients tackle the growing complexity of communication challenges. SenateSHJ Digital, Data and Insights (DDI) will combine the firm’s existing Digital and Insights functions to create a Trans-Tasman capability focused on digital communication, and the generation and use of data to improve communication. […]

New BrandStory Format From Bonzai Allows 3x More Ad Space on Mobile
  • Media

New BrandStory Format From Bonzai Allows 3x More Ad Space on Mobile

Creative technology platform Bonzai has announced the launch of BrandStory – a new premium mobile ad format. BrandStory offers triple the ad space and 2.8 times greater time in view than single scroll ad formats, addressing the surging demand from brands worldwide for more real estate to drive real results by seamlessly intertwining awareness, exploration […]

B&T’s Search For Australia’s Greatest Ad Heads To Channel 7
  • Advertising

B&T’s Search For Australia’s Greatest Ad Heads To Channel 7

B&T went through the looking glass this morning, with editor-in-chief David Hovenden (above) appearing on Channel 7’s The Morning Show to get the general public involved in our search for Australia’s Greatest Ad. Hovenden chatted with Kylie Gillies and stand-in host Matt Doran about what makes a great ad and showcasing some of our favourites […]

by B&T Magazine

B&T Magazine
Opinion: The Tall Planner’s Kate Smither On The DBA Dilemma
  • Opinion

Opinion: The Tall Planner’s Kate Smither On The DBA Dilemma

The science is not in question – smarter people than I, with far more data, have codified it. The logic is not up for grabs…it makes sense that creating mental shortcuts to your brand keeps you at the top of your mind. Lead image: Kate Smither – Owner, The Tall Planner I wouldn’t even take […]

Opinion

by B&T Magazine

B&T Magazine
African woman using a cellphone in an office alone
  • Marketing

Ortto & Tall Bob Partner To Deliver Better SMS & MMS For Australian & NZ Businesses

Two Australian-born technology providers have joined forces to bring more power and choice to marketers in Australia and New Zealand with mobile messaging that is more local, cost-effective, and integrated. It’s a partnership that sees two Australian software companies come together to deliver a world-class mobile-first solution for marketers building data-driven, personalised, omnichannel campaigns. While […]

Slew Of New Hires At Snap Inc.
  • Media

Slew Of New Hires At Snap Inc.

Snap Inc. has announced a number of new recruits. B&T unaware if it positively impacted SEEK's share price.

Reddit Gets Playful Brand Refresh
  • Technology

Reddit Gets Playful Brand Refresh

This will be of interest to any Reddit fans, graphic designers or lovers of an orange so bright it burns the retinas.

Zitcha & Broadsign Partner To Drive Global In-Store Retail Media Market
  • Advertising

Zitcha & Broadsign Partner To Drive Global In-Store Retail Media Market

Zitcha and Broadsign have teamed up to integrate the Broadsign out-of-home (OOH) advertising platform with Zitcha’s retail media platform. The collaboration empowers retailers to maximise and monetise in-store digital display networks and enables advertising partners to easily view and book available in-store inventory and review campaign performance alongside the retailer’s other media channels. With the […]

Double Rainbouu & 7-Eleven Launch Exclusive Summer Fashion Label
  • Marketing

Double Rainbouu & 7-Eleven Launch Exclusive Summer Fashion Label

Today, 7-Eleven has announced a one-of-a-kind collaboration with the popular Sydney-based anti-resort wear label Double Rainbouu. Dropping tomorrow, December 1, just in time for summer, this limited-edition capsule will infuse the fashion brand’s rebellious spirit with a distinctly iconic 7-Eleven flavour. The unisex collection features five must-have styles comprising two signature Hawaiian shirts, a peaked cap, a bucket hat […]