Morning Brew Daily

Facebook’s Fact Problem, Media’s Future, & Why Nothing’s Certain


Listen Later

This summer, a group of nearly 100 brands from Patagonia to Coca-Cola are boycotting highly targeted ad machines on social media platforms like Facebook. 
It’s an effort to put their money where their PR statements are—by withholding ad spend on Facebook, these brands are attempting to force Mark Zuckerberg’s hand to do something about his platform’s highly contentious fact-checking and hate speech standards. 
The question remains...will it work? If you ask CNN, “It would likely take tens of thousands of them, acting over a significant period of time, to put a big dent in Facebook's bottom line.”
But what if, instead of focusing on dollar value efficacy, we consider that the medium might be the message here? Sure, those 100+ brands might not dent Zuck’s retirement account. But they’ve brought important attention to the fact that we’re slaves to the big tech ad targeting machine.
That’s why this week on Business Casual, we’re navigating the intricate movement of ad dollars from local news outlets to social media and big tech platforms...plus taking stock of how, exactly, the everyday media consumer is suffering.
And we’re doing it with someone who’s seen it all in the media world—Joanna Coles. She’s been an executive, a producer, an editor...basically everything from heading up Cosmo to sitting on Snap’s board. 
In this episode, Joanna explains the importance of local journalism, why it evaporates when big tech wins ad dollars, and how conglomerization widens the access gap to good, fact-checked journalism. 
And arguably most importantly? Joanna helps us understand what there is to be done to fix today’s misinformation problem—a problem of incredible scale.
Listen now.
...more
View all episodesView all episodes
Download on the App Store

Morning Brew DailyBy Morning Brew

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

2,911 ratings


More shows like Morning Brew Daily

View all
WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,718 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,417 Listeners

Masters in Business by Bloomberg

Masters in Business

2,171 Listeners

WSJ Tech News Briefing by The Wall Street Journal

WSJ Tech News Briefing

1,652 Listeners

WSJ Minute Briefing by The Wall Street Journal

WSJ Minute Briefing

685 Listeners

Tech Brew Ride Home by Morning Brew

Tech Brew Ride Home

968 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,045 Listeners

The Best One Yet by Nick & Jack Studios

The Best One Yet

9,722 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,311 Listeners

The Journal. by The Wall Street Journal & Spotify Studios

The Journal.

6,108 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

10,244 Listeners

Founder's Journal by Morning Brew

Founder's Journal

1,095 Listeners

Fresh Invest by Morning Brew Creative Studio

Fresh Invest

86 Listeners

The Money with Katie Show by Morning Brew

The Money with Katie Show

1,542 Listeners

Imposters by Morning Brew

Imposters

148 Listeners

The Markets by Goldman Sachs

The Markets

80 Listeners

WSJ's Take On the Week by The Wall Street Journal

WSJ's Take On the Week

147 Listeners

BOSSY by Morning Brew

BOSSY

146 Listeners

After Earnings by Morning Brew

After Earnings

21 Listeners

Per My Last Email by Morning Brew

Per My Last Email

122 Listeners