On February 22, Microsoft announced that it would join forces with European publishers to have platforms pay for news content throughout Europe. They plan to model the payment directive on Australia’s News Media Bargaining Code legislation, with an arbitration model. That model would ensure that news publishers are fairly compensated for their content, despite the digital platforms’ dominant market power. Microsoft VP Casper Klynge said, “Access to fresh, broad and deep press coverage is critical to the success of our democracies… This initiative is a logical next step.” Read more here.
Members of the News/Media Alliance staff have contributed to this post.