From The Age:
Google’s advertising crisis went global after some of the biggest marketers including AT&T and Johnson & Johnson halted spending on YouTube and the internet company’s display network, citing concern their ads would run alongside offensive videos.
The controversy erupted last week after the London-based Times newspaper reported that some ads were running with YouTube videos that promoted terrorism or anti-Semitism.
….Search represents the lion’s share of Google’s advertising revenue, which totalled $US79.4 billion ($104 billion) last year.
Google is about to discover who controls media. Noam Chomsky was right all along. The media is not controlled by shareholders — nor the Illuminati as conspiracy theorists would have us believe — but by advertisers.
No private media outlet is going to bite the hand that feeds and run material that offends its biggest advertisers. That explains why mainstream media, instead of being at the forefront, were the last to discover that tobacco smoking is harmful to your health. And still haven’t awoken to the enormous social damage caused by alcohol. Because Tobacco and Alcohol were (and in the latter case still is) some of the biggest advertisers in mainstream media.
Watch how quickly Google responds to the current furore by changing its censorship of offensive content.