Congress’ Best Idea to Save Local Journalism Would Actually Hurt It + Some Temporary Good News

Congress’ Best Idea to Save Local Journalism Would Actually Hurt It

Meta reported $114.93 million in ad revenue in 2021, whereas Google reported $209 billion. But determining how much of that publishers should get is difficult—and the JCPA doesn’t even try. One version of the JCPA proposed platforms and publishers negotiate an agreed-to payment, and if they couldn’t come to a consensus, they’d enter forced-arbitration with no formula for what is fair. But whether the money would end up being vast or a modest bump to the bottom line, not every publication stands to benefit if the JCPA becomes law. While the JCPA’s alliances allow for partnerships, exclusionary elements of the JCPA would encourage big brands to unite selectively at the expense of smaller ones and shut out niche independent journalistic outlets altogether.

Related:

JCPA Update: The Dangerous Link Tax That Still Won’t Save Local Journalism

The original text of the JCPA already authorized print media companies to form one or several cartels and collectively bargain with the largest online platforms—defined in terms that single out Facebook and Google. Although the bill hinted at these news cartels being able to demand payment for merely linking to their content, or hosting snippets like the results you get from Google News, the mechanism by which they would be paid was left vague. However, the fact that the bill allowed news companies to withhold content strongly suggested a claim to some sort of property right, or ancillary copyright, that the targeted platforms would owe for hosting links and snippets.

Some Temporary Good News: None Of The Really Bad Internet Bills Seem To Have Made It Into The NDAA

This would also hurt independent media and bloggers (you would have to pay a ‘link tax’ to corporate media for linking to their articles—see below image)! So far, it hasn’t passed (it was attached to the NDAA) but there’s still the omnibus spending bill and the next session of Congress!

Source.

Former SMART-TD top official floats idea of forcing through sellout rail contract even if workers reject

A former top railroad union official has floated the idea of union bureaucrats forcing through a sellout contract even if workers vote it down, either by unilaterally declaring it passed or having it enforced by the government by sending it to binding arbitration.

Former SMART-TD top official floats idea of forcing through sellout rail contract even if workers reject

Related:

Might Union Chiefs Override Member Vote?

Notwithstanding the Biden Administration basking in the political sunlight of tentative agreements being reached, the threat of an economy-jolting nationwide rail shutdown remains—and will be pinned on Biden and Democrats if it occurs prior to mid-term elections in November. Hence, there’s chatter as to whether rail labor leaders, very much invested in Democratic success in mid-term elections, might override a membership rejection of the tentative agreement or, alternatively, seek binding arbitration so as to avoid a work stoppage damaging to Democratic candidates.

“It’s Not Over”: While Biden Touts Rail Deal, Workers Have Yet to Vote—And Many Remain Skeptical

A national rail strike could still be on the table if rank-and-file workers reject the tentative agreement announced by the White House this week.

“It’s Not Over”: While Biden Touts Rail Deal, Workers Have Yet to Vote—And Many Remain Skeptical

Related:

Democratic House Speaker Pelosi to rail workers: Accept a pro-company deal or we’ll force you to

Railway Workers Fight Shows Need for Paid Sick and Family Leave + More Updates

“It staggers the imagination that in September 2022 the workers who keep the trains running did not have even one sick day to care for themselves.”

Railway Workers Fight Shows Need for Paid Sick and Family Leave, Says Economist

Related:

“30 Years in the Making”: U.S. Rail Strike Averted by Tentative Deal as Workers Decry Grueling Conditions

Live updates: Railroad workers livid over deal brokered by Biden and unions to prevent strike

US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling

Caracas, August 24, 2022 (venezuelanalysis.com) – A Washington D.C. federal judge has granted US oil corporation ConocoPhillips final approval to enforce a multi-billion arbitration award against Venezuela.

US Judge Upholds ConocoPhillips $8.5B Award, Venezuela Rejects ‘Unlawful’ Ruling

Related (original behind a paywall):

ConocoPhillips Gets $8.5B Venezuela Award OK’d In DC