Australia announced Monday it will begin forcing Google and Facebook to pay news companies for content, in a landmark move aimed at shielding ...
BRISBANE: Australia announced Monday it will begin forcing Google and Facebook to pay news companies for content, in a landmark move aimed at shielding traditional media from the tech giants' digital dominance.
It comes just weeks after France's competition authority ordered Google to negotiate with publishers over payments to reuse snippets of content in its news aggregator and Google Search. The new regulations follow an 18-month inquiry into the power of digital platforms by the Australian Competition and Consumer Commission , which recommended an overhaul of existing regulations.Frydenberg said the government was imposing the measures after discussions on a voluntary code failed to make headway, with the impact of the COVID-19 pandemic on advertising revenues hastening the need for action.
A similar move by Spain saw Google shut down its News service there in 2014, while the company has threatened to do the same in response to the new French laws.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook, Google to be forced to pay for news in AustraliaSYDNEY (BLOOMBERG) - Google and Facebook will be forced to pay media companies in Australia for publishing their news under what the government says is a world-first mandatory code of conduct.. Read more at straitstimes.com.
Read more »
Google to waive ad serving fees for news publishers amid virus crisisNews publishers, especially the print media, have struggled as many advertisers pulled their marketing budgets to rein in costs because of economic uncertainty related to the coronavirus pandemic. Jason Kint, chief executive of media industry trade association Digital Content Next, said that any move
Read more »
Facebook, Google to be forced to pay for news in AustraliaSYDNEY (BLOOMBERG) - Google and Facebook will be forced to pay media companies in Australia for publishing their news under what the government says is a world-first mandatory code of conduct.. Read more at straitstimes.com.
Read more »
Taylor, Gilchrist predict big pay cuts for Australia playersSYDNEY: Former Australia captain Mark Taylor and wicket-keeping great Adam Gilchrist believe pay cuts are inevitable for the country's cricketers ...
Read more »
Google to waive ad serving fees for news publishers amid virus crisisNews publishers, especially the print media, have struggled as many advertisers pulled their marketing budgets to rein in costs because of economic uncertainty related to the coronavirus pandemic. Jason Kint, chief executive of media industry trade association Digital Content Next, said that any move
Read more »
Australia sees 3 new coronavirus deaths as government urges tracking app installationMELBOURNE (REUTERS) - Australia's coronavirus-related death toll rose by three to a total of 68 on Saturday (April 18), health data showed, with the government stepping up its calls for people to sign up for a controversial movement-tracking mobile phone app.. Read more at straitstimes.com.
Read more »