Media Body Urges IT Giants to Negotiate with News Outlets; Yahoo … – The Japan News

The Yomiuri Shimbun

The Japan Newspaper Publishers & Editors Association has issued a statement calling on major information technology companies to start sincere negotiations with media organizations in the country over issues such as license fees paid for news articles.

Search engines and online news portals, such as Yahoo News, now have a significant impact on the distribution of news articles.

The newspaper association, also known as Nihon Shinbun Kyokai, released the statement on Thursday in response to a report issued by the Japan Fair Trade Commission (JFTC) last month.

The JFTC said in the report that Yahoo Japan Corp. may be in a superior bargaining position against news organizations as the firm is the largest purchaser of news articles. The report pointed out that the firm may run the risk of violating the Antimonopoly Law if it pays media outlets remarkably low fees for their articles.

Yahoo Japan Corp. became part of the newly formed LY Corp. in a merger this…

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source: https://news.oneseocompany.com/2023/10/06/media-body-urges-it-giants-to-negotiate-with-news-outlets-yahoo-the-japan-news_2023100651023.html

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