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Payment Structure

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business2 years ago

Meta threatens news blackout in California over payment and journalism bill.

Meta Platforms has threatened to remove news content from its platform in California if the state government passes a bill that would require tech companies to pay publishers a "journalism usage fee." The proposed California Journalism Preservation Act aims to reverse the decline in the local news sector. Meta spokesman Andy Stone called the payment structure a "slush fund" and said the bill would primarily benefit "big, out-of-state media companies under the guise of aiding California publishers." Meta and Google have also threatened to withdraw news in Canada in response to proposed legislation there.