Meta threatens to pull news to avoid paying publishers

Meta, the social media group, formerly known as , is threatening to pull news from its platforms if the US passes a law that would force it to negotiate with publishers to pay for their content.

newspaper

If this sounds familiar, your memory is correct: Australia proposed just such a law in 2021. Facebook pulled news from its platform for a few weeks, but then returned to the bargaining table and agreed to pay only for local news agencies.

The Government of s argued that news publishers' content had value that Facebook and Google weren't paying for, and argued that they should do so by sending them which would finance their activities.

Ο about competition and preservation of journalism of the United States in 2022 has similar goals but focuses on small issuers (companies with fewer than 1.500 employees). The aim of the new bill is to help publishers and broadcasters come together and negotiate with companies like Facebook and Google on the "terms and conditions of the platform's access to digital news content".

The definition of “platform” is online platforms with at least 50 US-based users with annual net sales exceeding $550 billion and at least one billion monthly active users worldwide.

In short: Meta and Google.

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Written by giorgos

George still wonders what he's doing here ...

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