> If anything, FB helps spread the news by being a platform for people to post articles
You could see how that would lead to problems when that become the main driver of traffic. If tomorrow Mark decides to remove the share button, it would be the end of a lot of traditional media sources.
The real competition is for ad dollars. Facebook has singlehandedly caused the end of the display advertising business which is what most news publications tapped into when they went online. Display spend at most ad agencies are shrinking and that money is being put to social (aka Facebook). That's what the owners and shareholders of media organizations are pissed off at and why they're telling their staff to focus on Facebook..
You could see how that would lead to problems when that become the main driver of traffic. If tomorrow Mark decides to remove the share button, it would be the end of a lot of traditional media sources.