Facebook, Google and YouTube should share advertising revenue: Rajya Sabha MP

Technology companies like Google, Meta-owned Facebook and YouTube, should be made to share advertising revenue, which they earn from posting news reports, with media organisations who are the original content publishers, BJP Rajya Sabha MP Sushil Kumar Modi said in Rajya Sabha.

He said that newspapers and TV channels have been losing on advertising revenue after the big technology companies entered into the market. He added that print and electronic media companies spend thousands of crores of rupees on news content creation, news agency PTI reported.

Modi noted that the main source of income of traditional print and electronic media is advertising revenue.