Tina Brown, founder of Daily Beast, isn’t happy with the current Internet advertising duopoly:

“I am very angry and upset about the way advertising revenue has been essentially pirated by the Facebook-Google world, without nearly enough giveback — no giveback, really — to the people who create those brilliant pieces that are posted all over their platforms,” Brown said. “It’s high time they gave back to journalism.”

She proposed the creation of a “huge journalism fund” for local media, even though she doubts that that would ever happen.

“They have no interest, I realize that,” Brown said. “It’s like, ‘Oh, we’re not a media company, we’re a platform.’ Okay, well, guess what? When you don’t have human beings who have judgment, who have taste, who have a sense of responsibility, you can have any old Russian hacker dishing it out to the American public.”

Read the whole thing: Why magazine mogul Tina Brown is ‘angry and upset’ at Google and Facebook – Recode