Ottawa's latest media bailout is a hot mess

 

The latest in a long string of Liberal legislation to regulate the Canadian media industry sits before Parliament right now. Bill C-18, the "Online News Act" already passed the House of Commons, and awaits approval by the Senate. 

 

It's a wild piece of legislation that — on its face — promises to save the Canadian news industry by giving large Canadian publishers "their fair share" of revenue plundered by Facebook and Google. 

 

Led by big corporate media like TorStar and PostMedia, those lobbying for the bill make the asinine claim that since they used to make lots money from advertising, and the tech giants now make lots of money from advertising, that said tech giants owe them lots of money.

 

It's like saying that Thomas Edison owes money to candlestick makers. 

It's a bill so twisted and self-serving that only the Canadian political-media complex could think it up. 

 

Read More Here:   Western Standard