Posted 4/12/2024, 5:57:06 PM
Google Protests California Bill Requiring Payments to News Outlets by Blocking Some Links, Pausing Deals
- Google, which made over $73B in profit last year, is protesting a California bill that would require it to pay media outlets
- The company is testing blocking links to California news sources for some users to show the "impact of the legislation"
- Google is also halting new spending on news partnerships and expansions in California
- This follows similar hardball tactics by Meta in response to laws requiring payments to journalism outlets
- While Google has signed deals worth about $150M in Australia, that's still a tiny fraction of the $10-$12B researchers estimate it should be paying publishers