WorldEurope's biggest news agencies accused Google and Facebook of "plundering" news for free on Tuesday in a joint statement that called on the internet giants to share more of their revenues with the media. "The internet giants' plundering of the news media's content and of their advertising revenue poses a threat both to consumers and to democracy," the column said. "Who could reasonably argue that they are not in a position to make fair payment for the content they use?" For the sake of Europe's free press and democratic values, EU lawmakers should press ahead with copyright reform," they added. "Without paying for it, internet giants such as Google and Facebook use vast quantities of news that is produced at great cost by press publishers and news agencies," added the joint statement on Tuesday.

Source: Sunday Times September 04, 2018 06:00 UTC