How much revenue will Canada's "Online News Act" (bill C-18) generate for the country in 2024?
➕
Plus
12
Ṁ915
Jun 2
28%
0-100M
60%
100M-200M
3%
200M-300M
3%
300M-400M
2%
400M-500M
2%
500M-600M
2%
600M+

According to the federal government,

>We expect news businesses to receive from digital platforms a total compensation of $329.2 million per annum and spend about $20.8 million in transaction and compliance costs for negotiating their first deals under the Bill.

https://www.pbo-dpb.ca/en/publications/RP-2223-017-M--cost-estimate-bill-c-18-online-news-act--estimation-couts-lies-projet-loi-c-18-loi-nouvelles-ligne

All revenue in 2024 due to the bill will be counted. For example if Google pays some amount in 2024 to exempt themselves in 2025, it will be counted as 2024 amount.

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Ṁ1,000
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What if it’s exactly 100M?

@cadca low probability

bought Ṁ6 YES

it sounds like the money might not have actually been sent until 2025. Not 100% sure - the statement is a bit ambiguous

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