
Read All About It: California’s Journalism Preservation Bill Could Die Quietly
Published on May 15, 2024
The California Senate’s Appropriations Committee voted May 13 to move a bill meant to revive local journalism in the state to the mysterious suspense file—where some measures are said to “die in silence.” At issue is Senate Bill 1327, authored by Sen. Steve Glazer, which would help local journalism by offering tax credits to media companies for employees retained and newly hired while taxing large tech firms to offset the credits. If ultimately approved, the bill would impose a tax on large tech companies for selling digital advertising and extracting data from users. Supporters say the measure is necessary to protect the media industry from competitive pressure for advertising dollars....
