>I think Google (probably rightly) sees no value in this site from an advertising point of view [...] You're suggesting Google is leaving money on the table
What makes you say these things? Google isn't walking away from a deal here. They are simply imposing their own rules knowing that the publisher has very little choice but to comply. Google probably knows that the enshitified version of the site makes them more money, but that doesn't mean a cleaner site has no value. It's just not maximising advertising income at the cost of user experience.
If there were several ad networks competing for this kind of business then each of them would have less power to impose their rules. Their margins would be far lower. Advertisers would pay less and/or sites would be making more money. And sites might have a choice to prioritise user experience over maximising ad revenue.
What makes you say these things? Google isn't walking away from a deal here. They are simply imposing their own rules knowing that the publisher has very little choice but to comply. Google probably knows that the enshitified version of the site makes them more money, but that doesn't mean a cleaner site has no value. It's just not maximising advertising income at the cost of user experience.
If there were several ad networks competing for this kind of business then each of them would have less power to impose their rules. Their margins would be far lower. Advertisers would pay less and/or sites would be making more money. And sites might have a choice to prioritise user experience over maximising ad revenue.