across the media sector, which represents about 61 per cent of the market being covered by at least one deal.
Commercial confidence provisions in the legislation means news organizations and platforms are not required to report how much money they received, how they invested the money they received or whether that investment aligned with the NMBC’s policy aim of supporting public interest journalism. “We had no idea, and we struck a deal for a very modest amount of money,” Ketchell said. “We were really at a huge disadvantage.”