International Community Supports Journalism Competition Act, Says News Media Alliance
The Journalism Competition and Preservation Act (JCPA) has international support, said the News Media Alliance in a news release Thursday. Multinational organizations and groups in Canada, Australia, Europe and Latin America endorsed the proposed legislation, NMA said. “Particularly notable is…
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the support from Australia” where similar rules were adopted “to address bargaining power imbalances between Australian publishers and Big Tech,” NMA said. The Australian law led to payouts to publishers from Facebook and Google. Canada, Europe and the U.K. are working toward passing similar laws, NMA said. In Australia, “compensation accrued to date amounts to approximately 20 percent of Australian journalists’ salaries and likely more than 20 percent of eligible publishers’ combined" EBITDA, NMA said. The JCPA is set for Senate Judiciary Committee markup in September.