This chapter examines the California legislature's decision to abandon a bill requiring tech companies to compensate news organizations, opting instead for a $250 million fund for local journalism. It explores the challenges media firms face amidst the influence of giants like Google and AI's impact on the industry. The discussion also highlights the disconnect between traditional media and younger audiences, alongside the struggles of companies like Warner Brothers Discovery in adapting to a tech-dominated landscape.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode