Newspapers, TV stations and other news outlets that have seen their revenue siphoned away by online platforms could get an assist from Congress under legislation that a House panel took up Friday.
If passed, the legislation would grant news organizations a four-year exemption from antitrust laws to band together to negotiate compensation from online platforms that use their content, including
Facebook Inc.
and
Alphabet Inc.’s
Google.
Proponents asserted that time is running out to throw a…
Read more from www.wsj.com