The draft Journalism Competition and Preservation Act (JCPA) in the United States, aimed at giving news organisations greater power to negotiate fees for the content shared on social media sites like Facebook, has run into rough weather.
About U.S.A’s Journalism Competition and Preservation Act (JCPA):
- Australia and France have enacted similar laws, following which companies like Meta and Google have agreed to pay publishers in those countries.
- Australia had introduced a similar law last year, called the News Media Bargaining Code.
- In 2019, France became the first EU country to enact a directive on the publishing rights of media companies and news agencies, called “neighbouring rights”.
- Others like Canada and New Zealand are currently deliberating similar legislation.
- The draft legislation, known as the Journalism Competition and Preservation Act (JCPA) of 2022, would allow publishers — who have long complained of dwindling revenues as social media platforms cornered a large chunk of online advertisements — greater powers to collectively bargain with companies like Facebook and Google for a larger share of ad revenue.
- JCPA was initially included in the annual national defence spending bill of the US which will have to be passed by the end of this year.
Source: Indian Express