The European Commission aims to provide better access to finance for the news media sector through debt and equity instruments. Through InvestEU, it is looking into the possibility of establishing a pilot for equity-based investing, in which it will co-invest alongside private investors, philanthropists, foundations, and other institutions. This project will also provide capacity-building services to media outlets, to improve their investment readiness and increase their knowledge of the media industry.
The European Newsroom is part of a larger initiative aimed at making journalism more sustainable in Europe and preserving press freedom. The European Commission is due to present the European Media Freedom Act next year, which focuses on protecting journalism from foreign actors. The legislation includes rules to prevent larger media groups from acquiring smaller publications, as well as regulations limiting political interference. In the meantime, European newspapers and media outlets will have more freedom to cover major news events and to publish breaking news.
The European news Exchange was founded in 1994 by managers from RTL Television, Sky News, VTM Belgium, and TBS Japan. In the early days, the association only operated one analogue and digital satellite channel. Today, the European News Exchange comprises 30 member companies that make bookings for tens of thousands of people on its 10 satellite channels. In 2017, it received more than 40,000 pieces of video content. These numbers have risen over the past decade.
Euronews broadcast has been licensed to local broadcasters in many countries around Europe. Localized Euronews channels will broadcast local news and will carry the Euronews name. Euronews Albania was the first of these. The logo for Euronews is now its fifth logo. Until late 1997, Euronews broadcasts in most of the world, and can be viewed on Euronews’ website, YouTube, and various digital media players. In late 1997, a British news broadcaster purchased a majority stake in Euronews and continued to provide content.
The results of the study showed that despite Brexit, most news articles in Europe had no position on it. Only 22% of articles had a clear opinion, and nearly three-quarters argued against it. While the Brexit debate dominated European news in the last year, there was little concern about the future of the EU or its member states. This may be attributed to the complex relationship between Britain and Ireland. The results will be released in July, so there is still time to make changes.
In Europe, Google has signed licensing deals with 300 news publishers. The agreements are between Google and several national and local news publishers. Google did not disclose the amount of licensing fees it received. The new law in Europe gives publishers additional rights when linking to their news content. It will also allow search engines to display extended previews of their news content. The first agreements will be signed in Hungary and Germany. So, the news industry is increasingly concerned about the new European laws on content protection.