Australia to force tech titans to pay for news
1 week, 4 days ago

Australia to force tech titans to pay for news

Raw Story  

Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media. "The rapid growth of digital platforms in recent years has disrupted Australia's media landscape, and it is threatening the viability of public interest journalism," Communications Minister Michelle Rowland told reporters. Social media platforms with Australian revenue of more than US$160 million a year will be taxed a still-to-be-decided figure earmarked to pay for news. Supporters of such laws argue that tech titans attract users with news stories and devour online advertising dollars that would otherwise go to struggling newsrooms.

History of this topic

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