Tag Archives: Australia

For two decades, global news outlets have complained internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue By JOE McDONALD AP Business Writer February 18, 2021, 8:59 AM • 4 min read BEIJING — For two decades, global news outlets have complained internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue. Now, Australia is joining France and other governments in… Source link

CANBERRA, Australia (AP) — Google is quickly negotiating generous deals with Australian media companies to pay for journalism as lawmakers consider forcing digital giants into such agreements. News Corp. announced a wide-ranging deal Wednesday. Seven West Media reached a deal earlier, and its rival Nine Entertainment is reportedly close to its own pact. But Facebook says it will restrict viewing or sharing news in… Source link

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Josh Frydenberg, who as federal treasurer would have enormous discretion over the new legislation, has media ties of his own. In 2016, he was the best man at the wedding of Ryan Stokes, the son of Kerry Stokes, the billionaire owner of Seven West Media, one of the companies that have reached a deal with Google. In short, it’s no surprise that the Australian government sees America’s tech companies, which have done themselves no favors by trying to sidestep local taxes, as less worthy of… Source link

“Everything that I have heard from parties, both in the news media business and in terms of digital platforms, is that these are generous deals,” Frydenberg said. “These are fair deals. These are good deals. These are good deals for the Australian media businesses,” he added. Google and Facebook, which take a combined 81% of online advertising in Australia, have condemned the code as unworkable. Google says it might make its search engine unavailable in Australia if the code is… Source link

“Everything that I have heard from parties, both in the news media business and in terms of digital platforms, is that these are generous deals,” Frydenberg said. “These are fair deals. These are good deals. These are good deals for the Australian media businesses,” he added. Google and Facebook, which take a combined 81% of online advertising in Australia, have condemned the code as unworkable. Google says it might make its search engine unavailable in Australia if the code is… Source link

“Everything that I have heard from parties, both in the news media business and in terms of digital platforms, is that these are generous deals,” Frydenberg said. “These are fair deals. These are good deals. These are good deals for the Australian media businesses,” he added. Google and Facebook, which take a combined 81% of online advertising in Australia, have condemned the code as unworkable. Google says it might make its search engine unavailable in Australia if the code is… Source link

CANBERRA, Australia — Australia’s government said on Tuesday it will amend draft laws that would make Google and Facebook pay for news to clarify that publishers would be paid in lump sums rather than per click on news article links. The legislative changes described in a government statement as “clarifications and technical amendments” follow Australian ministers’ weekend discussions with Facebook CEO Mark Zuckerberg and Sundar Pichai, chief executive of Alphabet Inc. and its subsidiary… Source link

“On face value, the amendments keep the integrity of the media code intact,” the center’s director Peter Lewis said in a statement. A Senate committee that scrutinized the draft legislation after it was introduced to Parliament on Dec. 9 recommended last week that the code become law without changes. Google and Facebook, which take a combined 81% of online advertising in Australia, have condemned the bill as unworkable. Google has threatened to make its search engine unavailable in… Source link

Australia’s government says it will amend draft laws that would make Google and Facebook pay for news to clarify that publishers would be paid in lump sums rather than per click on news article links By ROD McGUIRK Associated Press February 16, 2021, 8:20 AM • 3 min read Share to FacebookShare to TwitterEmail this article CANBERRA, Australia — Australia’s government said on Tuesday it will amend draft laws that would make Google and Facebook pay for news to clarify that publishers would be… Source link