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Local news executive says internet gatekeepers determine news visibility while raking in others' profits

Trib Total Media President and CEO Jennifer Bertetto tells the Senate Judiciary Antitrust Subcommittee in prepared statement at hearing on big tech challenges to journalism and the news industry that access to news online has become concentrated on gatekeepers Facebook and Google which determine how news is displayed, prioritized and monetized without compensating the journalists that create the content they rely on but sadly most Americans get their news from these platforms raking in record profits by simply curating content, 65 percent of Google users do not leave their site to click through to a newspapers website, depriving publishers of the traffic and ad dollars it brings, nonsense that the newspaper industry has failed to modernize because even restructuring and enhanced digital offerings were not enough to level the playing field, small publishers stuck between a rock and a hard place with no weight in negotiations with platforms, the Journalism Competition and Preservation Act a solution to give publishers and seat at the table to negotiate fair terms.
Trib Total Media President and CEO Jennifer Bertetto tells the Senate Judiciary Antitrust Subcommittee in prepared statement at hearing on big tech challenges to journalism and the news industry that access to news online has become concentrated on gatekeepers Facebook and Google which determine how news is displayed, prioritized and monetized without compensating the journalists that create the content they rely on but sadly most Americans get their news from these platforms raking in record profits by simply curating content, 65 percent of Google users do not leave their site to click through to a newspapers website, depriving publishers of the traffic and ad dollars it brings, nonsense that the newspaper industry has failed to modernize because even restructuring and enhanced digital offerings were not enough to level the playing field, small publishers stuck between a rock and a hard place with no weight in negotiations with platforms, the Journalism Competition and Preservation Act a solution to give publishers and seat at the table to negotiate fair terms.
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Restrictions:
May not be used as partisan political campaign material to promote or oppose the candidacy of any person for elective public office, and may not be used to distort the objects and purposes of the hearing, or cast discredit on or dishonor any member of the U.S. House of Representatives or U.S. Senate, or bring the House or Senate or any Member into disrepute.
Editorial #:
1369336290
Collection:
FedNet
Date created:
February 02, 2022
Upload date:
License type:
Rights-ready
Release info:
Not released.ÌýMore information
Clip length:
00:01:20:00
Location:
Washington, DC, United States
Mastered to:
MPEG-4 8-bit H.264 HD 1920x1080 59.94p
Source:
FedNet
Object name:
sju020222g