LATEST
Meta Threatens to Pull News Content From Its Platforms If New Journalism Bargaining Act Passes In US
Meta has threatened to remove news content from its platforms in the United States if Congress passes the Journalism Competition and Preservation Act (JCPA), which will allow for media outlets to collectively bargain against social media platforms for more ad revenue in exchange for news content they provide. Supporters of the bill argue that large sums of Meta's revenue come from news content, for which news providers should be compensated. Meta, on the other hand, says that revenue from news is not great enough to warrant compensation, and media outlets posting on their platforms are rewarded in increased traffic to their own websites.