"'The Government is taking immediate action to support New Zealand’s media and content production sectors, while it develops a long-term reform programme, Media and Communications Minister Paul Goldsmith says.' ...
"This is both an unprincipled and a stupid decision. I can handle principled stupid decisions and even unprincipled smart decisions but this is neither.
"It is unprincipled because it is forcing successful companies in one industry (social networks and search engines) to fund failing companies in another industry (media). The only rationale for this is that Google and Meta have money and Stuff doesn’t. Will we see Netflix levied money to fund home video rental stores? Will we see Foodstuffs levied money to find Whitcoulls?
"It is also a very stupid decision. ... The Government is going to pass a law to fund a media that will oppose almost everything that supporters of the Government believe in.
"Even worse, it will set up a structural incentive for the media to become even more left leaning. ... [to] insist the levy be doubled ... [to] create an institutional bias in favour of the parties that will benefit media the most."~ David Farrar from his post 'Stupid Government backing Willie’s bill'
Thursday, 4 July 2024
" 'The Government is taking immediate action to support New Zealand’s media and content production sector.' This is both an unprincipled and a stupid decision."
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