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Bullboard - Stock Discussion Forum Glacier Media Inc GLMFF


Primary Symbol: T.GVC

Glacier Media Inc. is a Canada-based information and marketing solutions company. The Company operates through three segments: Environmental and Property Information, Commodity Information and Community Media. The Environmental and Property Information segments includes its business-to-business content, marketing solutions and data information products which are environmental, and property... see more

TSX:GVC - Post Discussion

Glacier Media Inc > Of Relevant Interest
View:
Post by nozzpack on Jan 28, 2022 9:46am

Of Relevant Interest

 

Post/CP say Postmedia told feds aren't dragging feet

 

2022-01-26 09:15 ET - In the News

See In the News (C-PNC) Postmedia Network Canada Corp (2)

The National Post reports in its Wednesday edition that Heritage Minister Pablo Rodriguez says the Liberal government is pressing ahead with plans to ensure digital giants pay Canadian media outlets for reusing their news content.


A Canadian Press dispatch to the Post says that Mr. Rodriguez is consulting opposition parties about bringing in a bill modelled on a law in Australia making technology giants pay for news content on their platforms.

The minister said a bill was an "absolute priority" for him and that he was moving quickly to bring it forward. He said there was now a "critical situation" that needed addressing in Canada's news industry.

Hundreds of papers and other news outlets have closed in Canada and the vast chunk of advertising revenues are now going to two digital companies. Last week, NDP MP Peter Julian wrote to Mr. Rodriguez accusing the government of dragging its feet.

Mr. Julian told the Canadian Press that the NDP would be willing to work with the Liberal government to bring in a law modelled on Australia's legislation.

He said making tech giants pay for news, as in Australia, would "be a significant first step" to addressing the industry's woes and helping keep local news outlets alive.

Comment by nozzpack on Jan 28, 2022 9:50am
We currently have a recently signed deal with these Supers. Q4 will be interesting in that regard, as we should see the initial contributions to our financials. Those have been difficult to figure out, especially what has been gained from the right to advertise on Google . It will be signifucant but how much so we will have to wait and see. I forgot this putative contribution in my general ...more  
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