Media and marketing
Google has launched a fresh bid to head off a federal government move to make it pay for news content, offering an alternative $1.3 billion program to support journalism.
National
Google and Facebook face $10 million fines if they don’t follow the rules of Australia’s proposed media code to ensure they pay for news.
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The ACCC’s move to make social media giants pay for local news content has prompted a Facebook threat to ban news sharing in Australia. There is a better way to address the issue via the system of targeted advertising, argues Damien Spry.
Facebook’s threat to ban Australian publishers and readers from sharing news in an escalating brawl over payments risks a vacuum being filled with misinformation and could harm its own product, argues Rob Nicholls.
Facebook is threatening to stop Australian users from sharing news if the social media giant is forced to compensate media companies for publishing their stories.
Tech giants will have to pay Australian commercial media for news content by the middle of next year, or face fines of up to $10 million.
