Why Google and Meta 'owe' news publishers - Poynter
Briefly

A working paper estimates that Google and Meta owe U.S. publishers billions of dollars annually. The paper suggests that the Journalism Competition and Preservation Act could prompt the companies to pay even more to publishers than they currently do.
In November, we published a working paper that estimates that Google and Meta owe U.S. publishers between $11.9 and $13.9 billion a year.
The authors of the paper have faced questions and criticism regarding their methodology. They argue that Google and Meta underpay publishers for news distribution, and they have drafted principles calling for transparent platform remuneration for news content.
With our co-authors, we found that Google and Meta are underpaying publishers for news, and that if the Journalism Competition and Preservation Act were passed in the U.S., Google and Meta would be pushed to make payments that are larger than they are paying now.
Read at Poynter
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