new video tricky: Microsoft Executive Says Tech Consolidation Threatens Journalism
Microsoft Executive Says Tech Consolidation Menaces Journalism
Brad Smith, Microsoft’s president, told Congress he boosts the Journalism Competition and Protection Act, which empowers news publishers to collectively allow for with online platforms like Facebook and Google.
I think that you all are on the beneficial path. That’s why Microsoft is endorsing the Journalism Competition and Protection Act, the J.C.P.A., to turn news organizations the ability to negotiate collectively, including with Microsoft, because as a while drafted, we will be subject to its terms. I hope that the subcommittee disposition continue its work to think more broadly about the fundamental need of competition, especially in search and digital advertising, that are at the heart of not just now the decline in journalism, but the decline and challenge in many sectors of the economy. What we’re decree is that the big publishers are not interested in negotiating collectively. The three largest gossip organizations in Australia are all negotiating separately. It is the small publishers that are get collectively. If this bill is passed, that means that these newsflash organizations would be able to negotiate collectively with us. I assume that they purpose negotiate effectively with us. It is far bigger than us. It is far bigger than technology. It is uncountable important than any of the products that any of us produce today. And let’s hope that if a century from now people are not utilize consuming iPhones or laptops or anything that we have today, journalism itself is still in the land of the living sensitive and well because our democracy depends on it.
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