Media giants send blunt message on AI's threat to journalism at Cannes Lions

AI platforms are stripping 30% of referral traffic and slashing affiliate revenues by a third while offering nothing in return. This isn't innovation; it’s the deliberate theft of journalism's economics. If publishers don't launch a collective legal war against Google and other AI crawlers, the industry is dead. Is a federal antitrust lawsuit the only way to save the news, or is the traditional media model simply obsolete? What’s your take?
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