The digital economy as dominated by the US…Campaigners suggest that Google and Facebook should pay a levy to assist local journalists

Posted: 10 November, 2016 in Dgital Economy Bill, Internet
Tags: , , ,
Read more parl.htm at MelonFarmers.co.uk

media reform coalition 2016 logoThe Media Reform Coalition and National Union of Journalists are hoping to make Google and Facebook fund journalism in Britain.They are seeking to persuade politicians to include a new amendment to the digital economy bill, which is currently going through parliament. It will propose a 1% levy on the operations of the digital giants in order to pay for independent and non-profit journalism.

A statement issued by the Media Reform Coalition (MRC) argues that digital intermediaries such as Google and Facebook are not only amassing eye-watering profits and paying minimal tax in the UK, they are also bleeding the newspaper industry dry by sucking up advertising revenue . It continues:

As national and local newspapers try to cut their way out of trouble by slashing editorial budgets and shedding staff, journalistic quality is becoming a casualty.

Public interest journalism in particular has been hit the hardest as newspapers are being lured into a clickbait culture which favours the sensational and the trivial.

In the light of this, we propose a 1% levy on the operations of the largest digital intermediaries with the resulting funds redistributed to non-profit ventures with a mandate to produce original local or investigative news reporting.

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