Policy Impact Analysis - 117/S/673

Bill Overview

Title: Journalism Competition and Preservation Act of 2022

Description: This bill sets out a process through which certain broadcast or digital news providers may collectively negotiate with covered online platforms (e.g., social media companies) regarding use of the news providers' content by the platforms. Specifically, the bill authorizes an eligible provider (e.g., one with no more than 1,500 full-time employees and nonnetwork news broadcasters that engage in specified news practices) to jointly form an entity with other eligible providers to negotiate the pricing, terms, and conditions by which certain online platforms use the providers' content. A covered platform is generally one that (1) has at least 50 million monthly domestic users, and (2) is owned or controlled by a person with either sales or a market capitalization that exceeds a specified amount or at least one billion monthly users worldwide. The bill establishes requirements concerning the formation, governance, operation, and termination of the joint negotiation entity. It also exempts from antitrust laws certain actions by a joint negotiation entity (e.g., providers jointly denying a platform's access to the providers' content). The bill outlines requirements governing the conduct of the negotiations by, for example, requiring the parties to negotiate in good faith. Additionally, the bill provides for private rights of action if the requirements for a negotiation are not met and establishes requirements for arbitration in limited circumstances. The Government Accountability Office must study the impact of the joint negotiations, including their effects on local and regional news and the employment of journalists. In general, the bill's provisions terminate six years after its enactment.

Sponsors: Sen. Klobuchar, Amy [D-MN]

Target Audience

Population: People working in or consuming from broadcast or digital news industries and employees of social media platforms

Estimated Size: 18000000

Reasoning

Simulated Interviews

Journalist (Austin, TX)

Age: 35 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 6.0 years

Commonness: 7/20

Statement of Opinion:

  • The policy seems promising as it could provide us better financial stability through improved deals with tech platforms.
  • I am hopeful it might eventually lead to better resources for our reporting.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 6
Year 2 7 6
Year 3 7 5
Year 5 7 5
Year 10 6 5
Year 20 6 5

Digital Media Analyst (Chicago, IL)

Age: 29 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 3.0 years

Commonness: 5/20

Statement of Opinion:

  • I foresee additional challenges at work as we adapt to new negotiations, but it's part of the evolving landscape.
  • Personally, my job shouldn't be too impacted, but I do anticipate some changes in our operations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 7 6
Year 5 6 6
Year 10 6 6
Year 20 5 6

Editor (San Francisco, CA)

Age: 42 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 6.0 years

Commonness: 6/20

Statement of Opinion:

  • It would be beneficial if we can secure better terms for our digital content.
  • Journalists' salaries might improve if our revenue from digital content gets a boost.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 7
Year 3 8 7
Year 5 8 7
Year 10 7 7
Year 20 7 7

Small Business Owner (Boise, ID)

Age: 51 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 6.0 years

Commonness: 4/20

Statement of Opinion:

  • Collective bargaining could make it easier for small outlets like mine to get fair deals.
  • I'm cautiously optimistic about future revenues, but implementation will be key.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 5
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 6 5
Year 20 6 5

Consumer (New York, NY)

Age: 38 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 2.0 years

Commonness: 15/20

Statement of Opinion:

  • I just want better quality news that's not locked behind paywalls.
  • I'm curious to see if this changes how news is displayed on my social media feeds.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 7 6
Year 5 7 6
Year 10 6 6
Year 20 6 6

Content Creator (Miami, FL)

Age: 46 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 4.0 years

Commonness: 10/20

Statement of Opinion:

  • I'm worried that negotiations might limit opportunities for independent content creators.
  • It could also mean more clarity in the terms when dealing with news platforms.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 5
Year 5 5 5
Year 10 5 5
Year 20 5 5

Software Engineer (Seattle, WA)

Age: 34 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 3.0 years

Commonness: 8/20

Statement of Opinion:

  • I don't see this policy affecting my role at the moment.
  • We'll need to adapt our digital products to accommodate any changes stemming from new negotiations.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 8
Year 3 8 7
Year 5 8 7
Year 10 7 7
Year 20 7 7

Data Analyst (Portland, OR)

Age: 28 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 0.0 years

Commonness: 12/20

Statement of Opinion:

  • This could offer interesting insights into media valuations and revenue streams.
  • I don't expect significant changes to my work routine, though.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 7
Year 3 7 7
Year 5 7 7
Year 10 7 7
Year 20 7 7

Freelance Journalist (Phoenix, AZ)

Age: 30 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 11/20

Statement of Opinion:

  • I hope it leads to more security in freelance contracts.
  • I'm cautiously optimistic about how this might play out for freelancers.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 7 6
Year 10 6 6
Year 20 6 6

Retired Professor (Denver, CO)

Age: 62 | Gender: male

Wellbeing Before Policy: 9

Duration of Impact: 0.0 years

Commonness: 14/20

Statement of Opinion:

  • The academic perspective urges a cautious welcome; such legislation could shift the terrain of media economics.
  • I expect interesting theoretical and practical impacts on media school curricula.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Cost Estimates

Year 1: $5000000 (Low: $4000000, High: $6000000)

Year 2: $3500000 (Low: $2500000, High: $4500000)

Year 3: $3000000 (Low: $2000000, High: $4000000)

Year 5: $2500000 (Low: $1500000, High: $3500000)

Year 10: $0 (Low: $0, High: $0)

Year 100: $0 (Low: $0, High: $0)

Key Considerations