It’s hard to see how the government’s online news mess can be … – The Hub
One Elvis has left the building.
Another is still taking requests but no one knows for how long.
The first is Meta. As we are all aware by now, it decided, following the June passage of the Online News Act (Bill C-18), to no longer allow its Facebook, Instagram, and Threads users to post links to news.
That exit from news carriage has already resulted in economic harm to online news innovators who lost a key (and free) platform they once used to build audiences. Entrepreneurial companies such as Village Media have called a halt to growth while long-established publishers are losing millions of dollars in sorely needed revenue due to the loss of traffic Meta once drove to their websites. The pain will only grow for all sectors of the news industry as Meta winds down its funding arrangements for journalism rather than being forced to pay for the privilege of delivering it.
Google is the other offshore “Web Giant” targeted by Bill C-18, which compels the global behemoths to subsidize…
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source: https://news.oneseocompany.com/2023/09/21/its-hard-to-see-how-the-governments-online-news-mess-can-be-the-hub_2023092150411.html
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