Britain’s virus-hit news industry needs tech giant aid | The Malaysian Insight

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Britain’s virus-hit news industry needs tech giant aid

Nearly 250 local newspaper titles in Britain closed between 2005 and 2018, and the current crisis has seen more than 2,000 mainly non-editorial staff at some 500 newspapers temporarily laid off, according to industry magazine Press Gazette. – EPA pic, April 22, 2020.

THE main union representing journalists in Britain is calling on the government to triple a tax on global tech giants to support the industry, as it faces fresh shocks from the coronavirus outbreak. Sector analysts predict that as many as 5,000 journalists could lose their jobs without state intervention, as the national lockdown hits already declining print sales and dwindling advertising revenue.

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'Triple it': UK's virus-hit news industry seeks massive tech giant aidThe digital services tax targets search engines, social media services and online marketplaces. FMTNews Britain Virus
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