The Journalism Competition and Preservation Act would give news organizations a temporary anti-trust exemption to negotiate fair compensation with platforms like Facebook and Google, which currently take as much as 70% of digital ad revenue.
More than 120 publishers and their representatives from local and national news organizations visited members of Congress as part of a lobbying blitz for bills that could level the playing field with platforms like Google and Facebook.
The legislation could boost local news organizations, which compete with technology firms for digital ad revenue, thereby helping them regain financial stability in the digital age.
Separately, the news publishers asked for legislation to protect their content from artificial intelligence systems that scrape it without authorization or payment, emphasizing the need for new laws to safeguard journalism.
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