New Zealand plans law to require Facebook, Google to pay for news

WELLINGTON, Dec 5 (Reuters) – The New Zealand government said it will introduce a law that will require big online digital companies such as Alphabet Inc’s (GOOGL.O) Google and Meta Platforms Inc (META.O) to pay New Zealand media companies for the local news content that appears on their feeds.

Minister of Broadcasting Willie Jackson said in a statement on Sunday that the legislation will be modelled on similar laws in Australia and Canada and he hoped it would act as an incentive for the…