Australia Passes Law to Levy Tech Giants that Fail to Pay for Local News
The law sets a 2.5% levy on major platforms unless they strike deals with at least eight Australian news publishers.
9 Articles
9 Articles
Australia passes law to levy tech giants that fail to pay for local news
Australia passed legislation on Thursday that will force tech giants to pay millions of dollars in levies if they fail to strike commercial deals with local media outlets for news on their platforms.
Meta, Google, TikTok, and LinkedIn now face an Australian news law whether they carry news or not
Australia’s parliament passed the News Bargaining Incentive on Thursday, closing a five-year argument that began when Meta worked out it could avoid paying for news by simply not carrying any. The new law removes that option. Platforms with a significant search or social media service in Australia and more than A$250mn (about $178mn) in local […] This story continues at The Next Web
People access the news in different ways and through different sources, so we have modified the distribution system to better support smaller and more diverse media organizations," said Australian Communications Minister Anika Wells.
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