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by TheDong
64 days ago
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Not mentioned is taxes. A free press is important to democracy, so the government should move some tax money to journalists, and then this link could instead be to a taxpayer funded site (like NPR) instead of to a for-profit ad-powered spam-site run by billionaires who pay journalists as little as possible while pocketing as much as they can. Unfortunately, PBS and NPR are so severely under-funded that they need to run donation drives and can't do journalism of this level. |
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The idea is that social media companies offer summaries of news that replace reading the article for most people. Thanks to commenters bypassing paywalls they can get the full article too!
News companies cannot effectively negotiate with large social media companies for a slice of ad revenue due to discrepancies in size.
The government proposed a compulsory licensing scheme where websites with an "asymmetric bargaining position" (i.e Big Tech) that link to news must pay.
Google is paying $100 million,[1] Meta walked away from the negotiating table.
[1] https://www.theglobeandmail.com/politics/article-bill-c18-on...