Disney, Warner Brothers Discovery and other broadcasters to EU: Upcoming act should target Big Tech not them because …

Europe’s largest broadcasters and publishers have urged EU regulators: a new law designed to clean up the internet may accidentally cripple the region’s media industry. In a letter sent to EU officials on April 21, a coalition of media powerhouses, including Disney, Warner Bros. Discovery, Paramount+, Canal+ and Sky, urged the European Commission to focus its upcoming “Digital Fairness Act” (DFA) on Silicon Valley giants (like primarily Alphabet’s Google, Apple, Meta’s Facebook, Amazon and Microsoft) rather than heavily regulated local broadcasters.

According to a report by news agency Reuters, the groups argue that a “one-size-fits-all” approach to regulation threatens the business models that fund independent journalism and cultural content.