Big Tech could be forced to pay for online news under a law passed to help local publishers.


The newspaper industry, which is grappling with a deep decline in advertising revenue 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 Protection Act seeks to level the playing field by allowing local newspapers, broadcasters and other online publishers to collectively negotiate annual content fees with Google and Meta/Facebook, which dominate the digital advertising market.

The full text of the Senate bill, released Monday, cites the power imbalance created by local “news” as Big Tech loses thousands of publications and tens of thousands of journalists at the expense of a shrinking newspaper industry. Deserts” across America

The proposed legislation would capture digital revenue and encourage local news publishers to hire more journalists.

Big Tech could be forced to pay for online news under new law to help local publishers “Most of the revenue that platforms make from our content is not paid to news publishers,” said Daniel Coffey, executive vice president and general manager. Advisor to the News Media Alliance, a newspaper trade organization in Washington, DC. “Going forward, we will be able to force payment from the platform, which will be game-changing for our entire industry.”

A Meta spokeswoman declined to comment, while a Google spokeswoman did not respond to requests for comment on the proposed rule.



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