Media Needs to Stop Hoping for Subsidies

On June 22nd, the Canadian Government announced that Bill C-18, otherwise known as the Online News Act, had received Royal Assent. In other words, it’s now law. In the announcement:

The Online News Act levels the playing field between news businesses and large digital platforms to create greater fairness to ensure sustainability of the news industry. Through a market-based approach, it encourages voluntary commercial agreements between platforms and news businesses with minimal government intervention, as well as crucial safeguards to preserve the independence of the press.