On October 21, News Media Canada released a statement on behalf of Canada’s news publishers calling on Parliament to address Google and Facebook’s excessive market power. Because Google and Facebook control the majority of advertising revenue, news publishers’ bottom line is at the mercy of big tech. With this imbalance of power, an effective and independent press is being challenged by big tech’s monopolistic practices. These two platforms “cannot continue to be allowed to free-ride on the backs of Canadian news media publishers who produce news content, without fair compensation.” The statement offered Australia’s new bargaining code as a model for compensating news publishers. Read more here.
Members of the News/Media Alliance staff have contributed to this post.
