New York S04401 mandates journalism usage fees for covered platforms and establishes arbitration for fee disputes.

New York S04401 amends the general business law to introduce journalism usage fees for covered platforms, which are online platforms serving news articles and journalism. Eligible digital journalism providers can require these platforms to pay fees. The bill defines covered platforms and eligible digital journalism providers, including criteria such as revenue thresholds and content creation processes. It also sets up arbitration procedures for disputes over the percentage of advertising revenue to be remitted to journalism providers, governed by the American Arbitration Association's rules.

New York S04401 mandates journalism usage fees for covered platforms and establishes arbitration for fee disputes.

New York S04401 amends the general business law to introduce journalism usage fees for covered platforms, which are online platforms serving news articles and journalism. Eligible digital journalism providers can require these platforms to pay fees. The bill defines covered platforms and eligible digital journalism providers, including criteria such as revenue thresholds and content creation processes. It also sets up arbitration procedures for disputes over the percentage of advertising revenue to be remitted to journalism providers, governed by the American Arbitration Association's rules.