The newspaper industry, which has been struggling with deep ad revenue declines in the digital age, is backing proposed legislation that would force Big Tech to pay publishers for aggregating their news stories online. The Journalism Competition and Preservation Act seeks to level the playing field by allowing local newspapers, broadcasters and other online publishers to negotiate collectively for an annual content fee from Google and Meta/Facebook, which dominate the digital advertising market.
Big Tech could be forced to pay for online news under legislation aimed at helping local publishers
August 23, 2022