Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

Joint Committee on Media, Tourism, Arts, Culture, Sport and the Gaeltacht

General Scheme of the Online Safety and Media Regulation Bill 2020: Discussion (Resumed)

Dr. Theo Bertram:

Picking up on some of the Senator's questions, we do not allow ads for gambling. On advertising revenue, we are a much younger company than the others represented today so we are at a much earlier stage. I do not think we have published our accounts in Ireland yet but when we do, I will be happy to share them. I cannot give the committee those numbers yet.

We are a platform with 15-second videos. Some of the things the Senator described are more common on text-based platforms where that content is shared. We absolutely want to build a sustainable long-term relationship with the news industry. We are just at the very start of engaging with news providers to work out how they can put their content on our platform and how we do that in a long-term, sustainable way. We must have a well-financed news industry and I hope we can play a part in that.

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