Canadian News agencies are really shooting themselves in the foot here, and then crying about it. This is a perfect example of them wanting their cake and eating it too.
What Canadian News is concerned about is social media platforms are summerizing news content and news articles, this means users/consumers do not need to leave social media platforms (and read articles on the news site directly).
This means news agencies do not get their add revenue on their own news sites. Instead social media sites get this add revenue instead. Thus profiting off content created by news agencies.
Now where it’s really stupid, news agencies also want to prevent social media sites and maybe even search engines from providing links to news sites without paying a fee to the news agencies for doing so.
This would prevent users on sites to follow a link (maybe even posted by a user) to a news site to read a article. Social media sites make no add revenue from linking as it directs users away from their site, but from summarizing articles and keeping users on their site they do.
IMO whoever wrote this law does not understand the internet or how it work. They also fail to realize the internet is inherently built on linking to sites.
I do agreed social media sites like Google/Facebook/twitter/instagram/Lemmy? should pay a fee when summerizing news articles for users especially if these sites benefit from increased add revenue of these articles, but also asking for payment when links are created is going to far.
Canadian News agencies are really shooting themselves in the foot here, and then crying about it. This is a perfect example of them wanting their cake and eating it too.
What Canadian News is concerned about is social media platforms are summerizing news content and news articles, this means users/consumers do not need to leave social media platforms (and read articles on the news site directly).
This means news agencies do not get their add revenue on their own news sites. Instead social media sites get this add revenue instead. Thus profiting off content created by news agencies.
Now where it’s really stupid, news agencies also want to prevent social media sites and maybe even search engines from providing links to news sites without paying a fee to the news agencies for doing so.
This would prevent users on sites to follow a link (maybe even posted by a user) to a news site to read a article. Social media sites make no add revenue from linking as it directs users away from their site, but from summarizing articles and keeping users on their site they do.
IMO whoever wrote this law does not understand the internet or how it work. They also fail to realize the internet is inherently built on linking to sites.
I do agreed social media sites like Google/Facebook/twitter/instagram/Lemmy? should pay a fee when summerizing news articles for users especially if these sites benefit from increased add revenue of these articles, but also asking for payment when links are created is going to far.