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Washington CNN —The Senate Judiciary Committee advanced legislation on Thursday that would give news organizations the power to jointly bargain against Meta, Google and other online platforms for a greater share of online advertising revenue. One member of the committee, California Democratic Sen. Alex Padilla, voted against the bill Thursday and vowed to block any future floor vote on the legislation until lawmakers make several changes. Padilla said the legislation doesn’t do enough to ensure that actual journalists in local newsrooms will benefit from the bargaining, as opposed to hedge funds and publication owners. “This bill is not about whether or not you like social media,” Kennedy said. “This bill is not about whether or not you like what is happening in American news media today.
Persons: Minnesota Democratic Sen, Amy Klobuchar, Louisiana Republican Sen, John Kennedy, Google didn’t, California Democratic Sen, Alex Padilla, Padilla, ” Padilla, Padilla’s, Democratic Sens, Jon Ossoff, Peter Welch, Cory Booker, Kennedy, Klobuchar, , ” Klobuchar, ” Kennedy, Organizations: Washington CNN, Committee, Meta, Google, Minnesota Democratic, Louisiana Republican, California Democratic, Democratic Locations: Louisiana, Australia, California
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