Publishers Pivot and Prosper Amidst Facebook’s Evolving Terrain

by | Oct 10, 2023

In the fast-paced world of social media, publishers are currently facing a disruption in the way Facebook handles news. The decrease in referrals to content websites has prompted publishers to adapt and find new ways to engage with their audiences. While this may seem challenging, it also presents an opportunity for publishers to explore new avenues and redefine their approach to audience engagement.

Globally, there has been a noticeable drop in Facebook referrals as a source for content websites, with the decline decreasing from 12% to 6%. This decline is not random, but a deliberate shift away from news content, as reports suggest. Mark Zuckerberg, the CEO of Facebook, emphasized the platform’s increasing focus on AI-recommended content during a results call in July, clearly indicating a change in direction.

Australia is one region significantly impacted by this shift. Web traffic from Facebook to publishers in this country has drastically declined, with referrals dropping by over 50% since the beginning of this year alone. As Facebook’s deals under the Australian News Media Bargaining Code are almost expiring, the decline in traffic has become even more pronounced.

However, the impact on Australian news websites is not limited to Facebook alone. Analytics from SimilarWeb reveal that combined referrals from all social media platforms to popular Australian news websites have decreased from nearly 50 million to just over 20 million per month. This substantial decline in traffic has prompted publishers to explore alternative means of reaching their audiences.

In response to these challenges, publishers are shifting their focus towards building owned audiences, developing direct relationships with readers, and producing valuable content. Recognizing the changing landscape, publishers have also begun diversifying their distribution channels to decrease their reliance on Facebook.

On the other hand, Facebook has redirected its attention towards AI-recommended content and its Reels video product. Mark Zuckerberg’s emphasis on this during the results call further solidifies the platform’s new direction. While the shift away from news content may be intentional, it leaves publishers in a precarious position as they navigate the changing dynamics of this social media giant.

The decline in Facebook referrals poses a significant challenge for publishers, as the platform has traditionally been a vital source of traffic and audience engagement. However, it also presents an opportunity for publishers to explore new avenues and reconsider their strategies. Building direct relationships with readers through apps and other owned platforms allows publishers to establish a more sustainable connection with their audience, reducing their reliance on third-party platforms like Facebook.

As publishers adapt to the changing landscape, it becomes evident that the future of news distribution will rely on a diversified approach. While social media platforms like Facebook still hold considerable influence, publishers must not solely depend on them for traffic and audience engagement. By embracing new technologies, developing innovative content delivery methods, and fostering direct connections with their readers, publishers can navigate the shifting tides and thrive in this ever-changing digital era.

The decline in Facebook referrals is not the end, but rather a catalyst for publishers to redefine their strategies and explore new opportunities. It serves as a wake-up call for the industry to shift their focus from relying solely on social media giants and instead build direct relationships with their readers. This shift allows publishers to have more control over their content distribution and create a more sustainable business model.

In conclusion, the changing landscape of Facebook has forced publishers to adapt and find new ways to engage with their audiences. While the decline in referrals may pose challenges, it also presents an opportunity for publishers to explore new avenues and redefine their approach to audience engagement. By diversifying their distribution channels, building owned audiences, and embracing new technologies, publishers can navigate the shifting tides and thrive in this ever-changing digital era. The future of news distribution lies in a diversified and innovative approach, where publishers take control of their content and establish direct connections with their readers.