Wolff: The looming shakeout in digital media

There are two clear winners in digital media, Google and Facebook, and their imperial success has largely reduced everybody else to a vassal state, living off their patronage and goodwill. This duopoly has forced the cost of advertising down and the price of traffic up, meaning, for everybody else in the advertising and traffic business, prospects shrink.

Source: Wolff: The looming shakeout in digital media