Senate introduces Journalism Competition and Preservation Act to try to help companies whose original work is aggregated by Facebook and Google.
Chicago Tribune
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. The proposed legislation would both recapture digital revenue and incentivize local news publishers to hire more journalists.
A Meta spokesperson declined to comment, while a Google spokesperson did not respond to a request for comment on the proposed legislation.
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