Oakland – Strong action by international regulators is forcing Google and Facebook to compensate news outlets for using their content. French regulators recently forced Google to pay a licensing fee to news outlets to use their content on Google pages. The UK Competition and Markets Authority held that the profit that Google extracts from the digital advertising market “is consistent with the exploitation of market power.” And just today, Australian regulators announced that they would require Google and Facebook to pay news outlets for using their content. Australia’s Treasurer John Frydenburg said, “this is a battle worth fighting. We believe this is crucial for the future viability of our media sector.”
Many of the details of these actions remain to be worked out. And it is clear that even these important first steps to rein in the destruction of the journalism industry are not sufficient to solve the long term challenges posed by the monopolistic power of the tech giants. But we applaud these aggressive steps and urge similar actions in the United States. We have joined the World Wide Web consortium to call on Google to delay implementing its planned phase out of third-party cookies, which its own study said would reduce ad revenue for news outlets by an average of 62%. This is a good place for U.S. regulators to start.
John Stanton, former D.C. bureau chief of BuzzFeed and co-founder of the Save Journalism Project, calls on the U.S. to take action:
International regulators are showing the way by forcing Google and Facebook to provide meaningful compensation to news outlets for using their content. There are many ongoing investigations of Google and Facebook in the United States right now and in order to ensure long term viability in the news industry and secure journalism’s essential position in our country., we need U.S. commitment to enact fundamental reforms to the online advertising market. Without it, local news outlets that are hanging on by a thread, will continue to have big tech wring them dry. We need urgent actions from U.S. regulators to protect news outlets before it’s too late for the journalism industry in America.
Journalism in America is facing an existential threat from the monopolistic control of tech giants like Google, Facebook, and Apple. Big tech’s dominance over the digital advertising market and their unrivaled capacity to monetize its platforms are having drastic effects on journalism as a whole.
Follow the Save Journalism Project on Twitter.
This post based on a press release from The Save Journalism Project to Zennie62Media.
Oakland News Now Recent Posts
- City Of Oakland Bilingual Citywide COVID-19 Video With Mayor Libby Schaaf, OFD, OPD
- First Unitarian Church Of Oakland: Earth — Celebrate And Save It
- 755 65th St Oakland CA | Oakland Homes for Sale
- Timothy Douglas, OEA Negotiator, On OEA-OUSD Oakland School Reopening Tentative Agreement Before Final
- Raiders Mark Davis Right, We’re Wrong About Derek Chauvin Verdict Tweet, Here’s Why
- Oakland Police Should March In Solidarity With Black Community Post Derek Chauvin Verdict
- Raiders “I Can Breathe” Tweet: What Was Las Vegas Thinking With That Derek Chauvin Verdict Entry?
- President Biden and Vice President Harris Address the Nation on the Derek Chauvin Trial Verdict
- Oakland Tech’s Ahmed Muhammad School’s 1st Black Male Valedictorian On Day Of Derek Chauvin Verdict
- Derek Chauvin Murder Trial Verdict Livestream Reaction Vlog After Murder Of George Floyd
- WATCH LIVE: Jury in Derek Chauvin trial expected to return a verdict
- Oakland School News: OUSD Unveil’s New Green Schoolyard In Celebration Of Earth Day
- A Shooting Has Taken Place At A Stop & Shop In West Hempstead, NY, By: Vinny Lospinuso
- Look At Oakland Lake Merritt Instagram Videos Shows Fun Gathering – Are Complaints Just Racism?
- Oakland Lake Merritt Vendors Move From Lakeshore To Grand Avenue, But Racist Take Remains
- Memories of Roy Steele, Oakland A’s Announcer
- Oakland Police Chief Antioch Press Conference
- Oakland Mayor’s Town Hall Budget Summit – Guaranteed Income
- Renaming to White Supremacy Resolution
- The Sounds Of Oakland: Sideshow Season 2021 OPD Responds