The Senate Judiciary Committee revived the prospects for a long-proposed bill that would bolster print and broadcast news outlets in their negotiations with tech giants. The Journalism Competition …
and Sen. John Kennedy , say that it is needed in the face of the decline of local journalism, which has seen the scaling back of newsroom coverage and severe cuts in staffing.Facebook Parent Meta Sells Giphy To Shutterstock For $53 Million Under Pressure From UK Regulator
But past attempts to pass the bill into law have stalled, most recently in December, when Facebook threatened “to consider removing news from our platform altogether” rather than “submit to government mandated negotiations that unfairly disregard any value we provide to news outlets through increased traffic and subscriptions.” , the parent company of Facebook, referred to the company’s past statements on the legislation.
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