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02-06-2023, 08:05 AM
UPDATED JUN 1, 2023, 11:15 AM SGT
NEW YORK – Facebook parent Meta Platforms on Wednesday said it would remove news content in its home state of California if the state government passed legislation forcing tech companies to pay publishers.
The proposed California Journalism Preservation Act would require “online platforms” to pay a “journalism usage fee” to news providers whose work appears on their services, aimed at reversing a decline in the local news sector.
In a tweeted statement, Meta spokesman Andy Stone called the payment structure a “slush fund” and said the Bill would primarily benefit “big, out-of-state media companies under the guise of aiding California publishers”.
https://www.straitstimes.com/world/unite...ments-bill
NEW YORK – Facebook parent Meta Platforms on Wednesday said it would remove news content in its home state of California if the state government passed legislation forcing tech companies to pay publishers.
The proposed California Journalism Preservation Act would require “online platforms” to pay a “journalism usage fee” to news providers whose work appears on their services, aimed at reversing a decline in the local news sector.
In a tweeted statement, Meta spokesman Andy Stone called the payment structure a “slush fund” and said the Bill would primarily benefit “big, out-of-state media companies under the guise of aiding California publishers”.
https://www.straitstimes.com/world/unite...ments-bill
