In other words, Disney (which owns a ton of companies with large internet presences) will be entirely exempt. Ditto for Comcast (Universal studios) and a few others. For what it's worth, the backers of this amendment claimed it was needed so that Disney could moderate reviews on its Disney Plus streaming service... but that makes no sense at all.
First, Disney Plus has nothing to do with theme parks. If the goal is to allow moderation of reviews on streaming platforms, then shouldn't the carveout be... for review sections on streaming platforms? Second, just the fact that the original bill would have created problems for the famously family friendly Disney to moderate reviews shows the problem with the entire bill. The whole point of 230 and content moderation is to allow websites to moderate in a way they see fit for their own community -- so sites like Disney can moderate to keep a "family friendly" experience, and others can moderate to match their own community standards.
Of course, that also means that if this bill is somehow found to be constitutional (and it will not be...), it will not be long until you start seeing 25 acres (the minimum amount necessary) somewhere in Florida suddenly under construction for the opening of GoogleLand, FacebookWorld or TwitterVillage. I, for one, can't wait to ride the AlgoSwings in GoogleLand and the Infinite Scroll Coaster at Twitter Village.
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