In support of what’s arguably a good idea (giving media companies an antitrust exemption so they can band together and bargain for revenue sharing with Google and Facebook), the News Industry Alliance released a study claiming that Google News alone earns more than $4.7 billion for the search engine. That is, argues Jordan Weissman, “a stunningly flimsy conclusion. … This effort is so amateurish that I’m guessing it will probably do more harm than good for the industry’s cause.” – Slate