Monday, March 22, 2021

US media giants make gigantic profits in Ireland

Last year Google and Facebook earned €403 million on advertising in Ireland, while indigenous Irish media made €23 million.

While most EU States have zero rate VAT on newspapers, Ireland is one of the highest at nine per cent.

There is an urgent need for a change to defamation law in Ireland. Current rules and regulations are costing Irish media outlets large sums of money, including heavy legal costs.

No comments:

Featured Post

Was it not Fergal O'Connor who founded Ally?

In her current newsletter, DĂșn Laoghaire county councillor Anna Grainger writes that Ms Gemma Rowley founded Ally. She writes: "Congrat...