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The crushing impact of social media freeloaders

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“Hitler would have loved social media”

So said Disney CEO, Bob Iger, last week, receiving an award from the Simon Weisenthal Center for his work against racism and anti-Semitism. He meant, of course, the ability to use these platforms for hateful propaganda. There are so many reasons to be enraged about the social media monopolists these days: terrorist incitement videos, enabling dictators to corrupt our elections, selling our private data without informed permission, and on and on. But there is another reason that should be higher in policy-makers thinking.

They don’t pay taxes.

For a century, Canadian governments have fought to provide support for an independent and sustainable Canadian media and culture sector. They created the CBC to fight the dominance of U.S. radio beaming into Canada. They funded arts and culture organizations and blocked tax writeoffs by Canadian corporations for advertising on U.S. TV and in magazines. They created several funds and organizations to help back Canadian film and television production. They insisted pop radio play Canadian artists and ensured Canadian cable, broadcasting, publishing........

© Toronto Star