But Rodriguez and publishers have argued tech companies are snatching advertising revenues away from media companies.
A 2018 report from the Canadian Media Concentration Project revealed Google had snagged half the country’s internet advertising market share that year, with Facebook trailing at 27.3 per cent and Bell, Torstar, Twitter and Postmedia sitting at under 2 per cent each.Facebook made $2.1 billion in advertising in 2018, while Bell made $146 million, Torstar earned $120 million, Twitter got $117.5 million and Postmedia made $116.4 million.Article contentThe company’s feed delivered more than 1.
“All Facebook has done up to this point is show up at committee, delay, obstruct, refuse to answer questions, and threaten Canadians,” he said.Google recently began a five-week test that limited access to news for some Canadian users. It is set to end March 16. At a House of Commons heritage committee meeting on the bill on Friday, Sabrina Geremia, the head of Google Canada, argued the proposed legislation would “radically change” the framework her company uses to host free news links.
“The bill is a moving target, with key questions left unanswered,” she said. “We don’t know if we will be able to continue to link to news as we do today, so we are testing potential changes to the way we currently freely link to news under that framework.”
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