After opposition from Google and Meta, Congress removes the media revenue sharing bill

The Journalism Competition and Preservation Act (JCPA), a US government attempt to compensate publishers for web links, has failed after Congress removed it from the annual national defense spending bill.

The bill would have created temporary exceptions to antitrust law that would have allowed media outlets to negotiate revenue-sharing deals, such as receiving a cut of ad money from links to news articles in search results and social media posts.

The removal comes after strong opposition from tech companies.

Just this week, Facebook owner Meta warned that it would “consider removing news” from its platform rather than enter into government-mandated revenue-sharing negotiations.

Amazon, Google, and Meta are among the companies represented in both groups.

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Primary Sources: Yahoo News

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