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> The publishers say that their industry is bleeding out while they wait for a deal that may never come. If your industry cannot sustain itself without checks
by subroutine 9mo ago
> The publishers say that their industry is bleeding out while they wait for a deal that may never come.
If your industry cannot sustain itself without checks from tech companies for using content as LLM training data that is quite a precarious situation. What was the economic situation for the news industry in Denmark prior to 2021?
- petcat 9mo agoThis reads like they are trying to force American tech companies to subsidize their local news and journalism industries. The question is, if they want it so bad, why don't they just establish a state fund for news and journalism so they can subsidize it themselves? It honestly just feels like a shakedown.
- robocat 9mo agoAnd they created a powerful cartel which can pressure politicians to benefit the cartel: The Danish Press Collective Management Organization (DPCMO), formed in 2021, now represents what CEO Karen Rønde calls a “99 percent mandate” of the entire industry.