POST TIME: 5 September, 2018 00:00 00 AM
Europe’s news agencies blast Google, Facebook

Europe’s news 
agencies blast Google, Facebook

Europe’s biggest news agencies accused Google and Facebook of “plundering” news for free yesterday in a joint statement that called on the internet giants to share more of their revenues with the medial, reports AFP from Paris.

In a column signed by the CEOs of around 20 agencies including France’s Agence France-Presse, Britain’s Press Association and Germany’s Deutsche Presse-Agentur they called on the European Parliament to update copyright law in the EU to help address a “grotesque imbalance”.

“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.

European Parliament lawmakers are to set to debate a new copyright law this month that would force the internet giants to pay more for creative content used on their platforms such as news, music or movies.