Uk's Intelligence Media Association Says Google Too Facebook Should Fund The Journalism From Which They Profit

From The Guardian, Sept. 24:

UK paper manufacture demands levy on tech firms 
News Media Association says Google as well as Facebook should fund the journalism from which they profit

The British paper industry’s merchandise trunk has said the authorities should strength social media sites such every bit Facebook as well as Google to pay an annual fiscal levy to fund journalism, as well as gear upwardly upwardly a regulator that would strength them to accept legal responsibleness for all the content on their platforms.

The News Media Association, the umbrella grouping that represents unopen to all national as well as local newspapers, including the Guardian, likewise said Facebook should part revenue amongst paper groups when their stories look inwards newsfeeds – fifty-fifty if users precisely regard the headlines as well as produce non click.

It likewise called on the authorities to innovate a taxation credit system, similar to that used to encourage investment inwards the British celluloid industry, which would let newspapers to claim a cash rebate for investment inwards areas such every bit investigative journalism.

Other ideas include forcing social media businesses to promote “bona fide” tidings sources that encounter surely character criteria, such every bit “consistent quality” of journalism – potentially prioritising fabric from to a greater extent than established tidings sources at the expense of novel entrants.

The arrangement made the proposals inwards its reply to a government-backed review of the hereafter of the British media industry, chaired yesteryear the economist Dame Frances Cairncross, which is attempting to notice a hereafter for sustainable high-quality journalism inwards the UK.

“The principal focus of concern today is the loss of advertising revenues which get got previously sustained character national as well as local journalism, as well as are straightaway flowing to the global search engines as well as social media companies who brand no meaningful contribution to the terms of producing the master copy content from which they as well as then richly benefit,” said a spokesperson for the NMA.

The suggestions from the British paper industry, which has seen its revenue halve from £6.8bn inwards 2007 to £3.6bn inwards 2017, come upwardly every bit the authorities considers proposals for a standalone mesh regulator next a serial of social media scandals. Influenza A virus subtype H5N1 novel regulator could live on unveiled yesteryear the destination of the year....MUCH MORE