Quitting Facebook Instant Articles and Apple News: unravelling a Faustian pact

Two years ago, publishers fell into Faustian pacts with Facebook and Apple, with the promises of better traffic and ad dollars through off-platform distribution such as Facebook Instant Articles and Apple News. Now as publishers are starting to retreat, Mumbrella’s Miranda Ward asks what have they learnt from jumping in with the tech giants?

Social media was once thought to be the key to distributing online content, but the missing piece of the puzzle has always been how to actually monetise it. So when Facebook launched its Instant Articles and Apple provided Apple News, it looked like a solution.

But clearly it has not.

Last week the industry saw The Guardian pull out of both while this week News Corp’s The Australian has called it quits on Apple News (it has never tried Facebook Instant Articles).

Both publishing companies blamed the poor revenue generated from the platforms.

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