After newspapers, news channels are seeking compensation from Google (over lost revenue)

“Advertising revenues form the backbone of the news broadcasters,” said Rajat Sharma, president of NBA, in the letter. “However, they (news broadcasters) are seeing their share of the advertising pie shrinking in the digital space, since technology giants are taking away the major chunk, leaving news broadcasters with a nominal share.”

https://economictimes.indiatimes.com/industry/media/entertainment/media/after-newspapers-news-channels-body-writes-to-google-seeking-compensation-for-content/articleshow/81433597.cms

“Advertising revenues form the backbone of the news broadcasters,” said Rajat Sharma, president of NBA (News Broadcasters Association), in the letter. “However, they (news broadcasters) are seeing their share of the advertising pie shrinking in the digital space, since technology giants are taking away the major chunk, leaving news broadcasters with a nominal share.”

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