The California State legislature recently passed AB 1955, a revised measure that mandates platforms like Google and Facebook to pay news organizations for displaying their content. This bill, known as the CA link tax or CJPA, is part of a broader effort, similar to legislation in Canada, aimed at supporting journalism through state tax money or fees on Big Tech. The modified bill includes a 'ransom' component inspired by Canada's law and is expected to benefit entities such as hedge fund Alden Global and national outlets like Fox News. However, it faces strong opposition from tech companies and may lead to platforms disabling news links.
I'm in @tituswu100's update on CJPA, the CA link tax bill that has now added a "ransom" component based on Canada's law. The modified bill still: - Gives $ to hedge fund Alden Global - Sends $ to natl outlets like Fox News - Will likely result in platforms turning off news links https://t.co/qFzIz66klo
A California lawmaker has revised her measure that would force platforms like Google and Facebook to pay news organizations for displaying their content in a renewed bid to move the bill in face of strong tech opposition. https://t.co/oYPQf6ZRNL
A look at the problems of new legislation to support journalism, through state tax money or fees on Big Tech, in California, New York, and Canada (@jeffjarvis / Whither news?) https://t.co/CboCddjeQu https://t.co/LvlZnON7wU
.@jeffjarvis: News lobbyists have tried to spin Canada's news link tax law to CA legislators as a win. But Canadian publishers don't see it that way ⤵️ https://t.co/NoaviYMd3S https://t.co/y7cZPUHHCN
The California State legislature just passed AB 1955. https://t.co/yoZOSWaQT7