Senate Bill 686, introduced by Sen. Khanh Pham and supported by numerous organizations, seeks to compel Google and Facebook to pay local news organizations for content they use. The bill would redistribute an estimated $122 million annually from these tech giants to support local journalism in Oregon, addressing a critical decline, as over 75% of newspaper jobs have vanished since 2001. The bill aligns with similar initiatives in other regions and emphasizes the importance of local reporters for community information and accountability.
Senate Bill 686 aims to mandate compensation for local news organizations from Google and Facebook for the content they use, addressing the decline in local journalism.
Proponents believe that compensating local news organizations will help restore the viability of journalism, ensuring accountability and access to information for Oregon residents.
With 75% of Oregon newspaper jobs lost since 2001, SB 686 seeks to reverse the trend by securing $122 million annually from major tech companies to support journalism.
Inspired by similar measures in California, Canada, and Australia, SB 686 proposes that internet giants should share advertising revenue generated from news content.
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