News Media Association chairman Danny Cammiade believes legislation will come this year in the U.K. which could enable Australia-style deals between publishers and Big Tech.
In Australia and Canada the threat of legislation has forced Google and others to hand over licensing fees worth more than £100m a year to publishers in each territory. In the larger U.K. publishing economy, such deals could be worth much more.
It is a drop in the ocean compared to the more than £15bn Google and Facebook alone make from U.K. advertising, compared to around £1bn in advertising revenue for combined national and regional news brands. But such a deal would provide a badly needed shot in the arm for the industry.
Comments
No comments on this item Please log in to comment by clicking here