Look, not only was the following story totally predictable, but many of us directly warned the EU of what would happen if they instituted a "link" or "snippet" tax as part of the EU Copyright Directive. Of course, EU officials...
So? Everybody has more control, more sovereignty, and since sovereignty is the hype of the day, publishers should be happy. Also, google is giving them more work to re-add the snippets they need to generate traffic so that must be good for employment. It is the publishers that asked for it, so they got it: more control and more work.
To be honest, there is a lot of content I could do without, notably the content by the most commercial of publishers, like many of the English media and the media by Springer. Good riddance. It is mostly crap that is used as a vehicle to sell ad's.
I prefer to support good journalistic work via patreon or similar and I did subscribe to payed content of quality.