To be sure, both companies are feeling the pain as marketers across the travel, automotive, retail, restaurant and entertainment industries withdraw their ad spending.
But it’s a stub-of-the-toe kind of pain rather than the relentless series of body punches other ad-funded media businesses are taking at the moment.
“FB is weathering the 2020 storm better than peers,” wrote Barclay’s Ross Sandler in his Facebook earnings note.
The company said ad revenue was “approximately flat” in the first three weeks of April.
Google launched a “Journalism Emergency Relief Fund” and said it would wave Google Ad Manager ad serving fees for news publishers for five months.

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