News/Media Alliance Applauds Senate Judiciary for Passing Bipartisan Journalism Competition and Preservation Act (JCPA)
ARLINGTON, Va., June 15, 2023 /PRNewswire-PRWeb/ -- The Senate Judiciary Committee has favorably voted 14-7 for the bipartisan Journalism Competition and Preservation Act (JCPA) (S. 1094), which would allow digital journalism providers to collectively negotiate with Google and Facebook for fair compensation for use of their valuable content. The tech platforms are the dominant distributors of news content, reaping tremendous financial benefit without compensation to those who create the content. They also capture the majority of U.S. digital ad revenue, leaving local publishers with little to reinvest in the production of high-quality journalism.
- The Senate Judiciary Committee has favorably voted 14-7 for the bipartisan Journalism Competition and Preservation Act (JCPA) (S. 1094), which would allow digital journalism providers to collectively negotiate with Google and Facebook for fair compensation for use of their valuable content.
- ARLINGTON, Va., June 15, 2023 /PRNewswire-PRWeb/ -- The Senate Judiciary Committee has favorably voted 14-7 for the bipartisan Journalism Competition and Preservation Act (JCPA) (S. 1094), which would allow digital journalism providers to collectively negotiate with Google and Facebook for fair compensation for use of their valuable content.
- They also capture the majority of U.S. digital ad revenue, leaving local publishers with little to reinvest in the production of high-quality journalism.
- We applaud the Senate Judiciary Committee's passage of this monumental legislation for journalism publishers across our country."