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EU reveals plan to regulate Big Tech — www.bbc.co.uk

The European Commission has just revealed new rules to regulate the 'Big Tech' firms, including yearly checks on how they are tackling illegal and harmful content, fresh restrictions on how they use customer data, and laws against ranking their own services above competitors' in search results and app stores.

If the companies refuse to comply, there are threats of large fines and break-ups, with the EU saying they could force them to hand over up to 10% of their European turnover.

Facebook has responded saying it thinks the laws are "on the right track," but also that they hope it sets boundaries for Apple, who it accuses of using its power to harm developers, consumers, and the other platforms. Google issued a more cautious response highlighting concerns.

As with all these laws and regulations, if the tech giants don't agree to abide by them, enforcement becomes a huge issue. It wouldn't be the first time a platform has threatened to simply switch a service off because of a region's rules. But there is hope that these rules will influence regulators looking to introduce restrictions of their own in the US, where they have direct influence.

Publishers prepare for triple threat to ad revenues from platforms, keyword blocking and Covid-19 — voices.media

Covid-19’s impact on advertising was swift and merciless. But many publishers were in a strong position to weather the storm, having reduced reliance on ads as a primary revenue stream. Our latest round up of key events this year from Media Moments 2020 looks at data & advertising.

9 tips to launch a profitable podcast in 2021 — www.ezoic.com

From our own Peter Houston, here are nine tips for launching a profitable podcast in 2021; some to help you make a podcast good enough to monetise and some on bringing the money in.

Introducing The Tiny News Collective — medium.com

The Tiny News Collective is a collaboration between News Catalyst and LION publishers, along with a group of industry leaders and partners. They want to provide the tools, resources and knowledge to nurture 500 sustainable local news orgs over the next three years. Ever fancied starting a newsroom? Now's your chance!

This week's podcast:

The Economist’s Deputy Editor Tom Standage on why newspapers should predict the future — voices.media

As well as its flagship paper, The Economist also publishes future-gazing issues looking at what to expect the next year and even further into the future. This week Tom Standage, its Deputy Editor and Head of Digital Strategy tells us about the reason why it believes doing so is central its mission, what needs to happen to prevent journalists revisiting familiar mistakes in the near future, and why blaming the Duopoly for revenue doldrums is unhelpful.

Have you read Media Moments 2020 yet? — mailchi.mp

From the collapse of events to the boom in subscriptions and shifting trust in journalism, our latest report explores how 2020’s defining moments have changed the media landscape, and what the future holds for 2021 and beyond. Get it now for free.