Canadian Publishing Industry News
27 May 2021,     TORONTO
News Media Canada calls for action on Facebook
 
 
Jamie Irving, chair of News Media Canada, has issued a statement calling on the federal government to introduce the long-awaited policy to allow publisher to negotiate fairly with Facebook and Google. 
        The statement follows an announcement by Facebook that it had reached short-term arrangements with a few media outlets. It reads, in part:“Yesterday's announcement…underlines the need for the government to follow through urgently on the commitment it has made to curtail the predatory monopoly practices of both Facebook and Google and level the playing field for Canadian news media.

 

Both the Prime Minister and the Minister of Canadian Heritage have committed to legislation to rein in the web giants, who abuse their monopoly power by diverting 80% of online advertising revenues in Canada and distributing content generated by Canadian journalists without compensation. Since October of last year, News Media Canada has called for Canada to adopt the approach enacted by the Australian Parliament, which requires the web giants to negotiate collectively with that country's news media to provide fair compensation for content.”

 

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Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
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