This is our daily post that is shared across Twitter & Telegram and published first on here with Kindness & Love XX on peace-truth.com/
#AceNewsRoom in Kindness & Wisdom provides News & Views @acenewsservices
#AceNewsDesk – Facebook parent company Meta has threatened to remove news from the platform if US Congress passes a proposal aimed at making it easier for news organizations to negotiate collectively with companies like Alphabet’s Google and Facebook.
Sources briefed on the matter said politicians were considering adding the Journalism Competition and Preservation Act (JCPA) to a must-pass annual defence bill as a way to help the struggling local news industry.
The JCPA would allow small and local news publishers to collectively negotiate with the largest US tech companies for compensation for access to the journalistic content that helps generates ad revenue on those platforms.
Meta spokesperson Andy Stone tweeted that the company would be forced to consider removing news if the law was passed, “rather than submit to government-mandated negotiations that unfairly disregard any value we provide to news outlets through increased traffic and subscriptions”.
He said the proposal failed to recognise that publishers and broadcasters put content on the platform because “it benefits their bottom line β not the other way around”.
The News Media Alliance, a trade group representing newspaper publishers, is urging Congress to add the bill to the defence bill, arguing that “local papers cannot afford to endure several more years of Big Tech’s use and abuse, and time to take action is dwindling.”
“If Congress does not act soon, we risk allowing social media to become America’s de facto local newspaper,” the group said.
More than two dozen groups including the American Civil Liberties Union, Public Knowledge and the Computer and Communications Industry Association on Monday urged Congress not to approve the local news bill, saying it would “create an ill-advised antitrust exemption for publishers and broadcasters”.
They argued the bill does not require “funds gained through negotiation or arbitration will even be paid to journalists”.
A similar Australian law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in Australia, has largely worked, a government report said.
Since the News Media Bargaining Code took effect, various tech firms including Meta and Alphabet have signed more than 30 deals with media outlets, compensating them for content that generated clicks and advertising dollars, the report added.
Editor says β¦Sterling Publishing & Media Service Agency is not responsible for the content of external site or from any reports, posts or links, and can also be found here on Telegram: https://t.me/acenewsdaily and all wordpress and live posts and links here: https://acenewsroom.wordpress.com/ and thanks for following as always appreciate every like, reblog or retweet and free help and guidance tips on your PC software or need help & guidance from our experts AcePCHelp.WordPress.Com
You must be logged in to post a comment.