CRTC Launches Public Consultation on Google’s Online News Act Exemption Request

The Canadian Radio-television and Telecommunications Commission (CRTC) has initiated a public consultation on Google‘s (Nasdaq: GOOG) application for exemption under the Online News Act. 

This legislation, which came into effect in December 2023, aims to ensure fair compensation for Canadian news organizations when their content is shared on large online platforms.

Google has submitted an agreement with an organization that would manage fund distribution to Canadian news businesses, seeking exemption from individual bargaining requirements. The public can provide comments on this request until July 29, 2024, through various means including an online form, mail, or fax.

The Online News Act mandates the CRTC to oversee a framework for negotiations between news organizations and major online platforms. It also allows platforms to seek exemption if they reach an agreement with a representative body of Canadian news organizations.

Google has negotiated a deal with the Canadian Journalism Collective to distribute $100 million annually to news organizations in Canada. News organizations that responded to Google’s open call earlier this year are eligible to join this collective.

The CRTC, an independent regulatory body, is working to swiftly implement the Act. This consultation is part of a series of public engagements, with another on the code of conduct for bargaining expected soon.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Could This Be Canada’s Next Mid-Tier Gold Producer? | Kevin Bullock – NexGold

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Recommended

Why This Gold Company Keeps Spinning Out Assets | John-Mark Staude – Riverside Resources

Silver at $75 and Why U.S. Silver Ounces Are Getting Hard to Find | Galen McNamara – Silver47

Related News

Google Takes Stand against Canadian News Bill, Vows to Remove Local News Content from Platforms

Google (NASDAQ: GOOGL) has announced that it will remove Canadian news content from its platforms...

Thursday, June 29, 2023, 02:36:54 PM

Outrage Grows as MP Hints at Media Obedience in Exchange for Subsidies

Liberal MP Taleeb Noormohamed, who also serves as the Parliamentary Secretary to the Minister of...

Monday, September 9, 2024, 07:05:00 AM

SearchGPT: OpenAI’s Bold Move to Challenge Google’s Search Supremacy

OpenAI has unveiled a new initiative in the tech industry’s race to leverage generative artificial...

Friday, July 26, 2024, 02:11:00 PM

YouTube Reportedly In Talks For $2.5-Billion NFL Sunday Ticket Rights

Alphabet’s (Nasdaq: GOOGL) YouTube is reportedly in advanced talks with the National Football League to...

Wednesday, December 21, 2022, 12:03:35 PM

Google Shuts Down Google Translate In Mainland China

Alphabet Inc (NASDAQ: GOOGL) continues its retreat from China. On Monday, the company pulled its...

Tuesday, October 4, 2022, 04:43:00 PM