#news-media-bargaining-code

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Nieman Lab
2 months ago
Media industry

Facebook will stop subsidizing Australian news. Will tax dollars have to replace it?

Media freedom extends beyond legal restrictions to financial sustainability for journalism.
Quality journalism is essential for democracy to thrive and hold powerful entities accountable. [ more ]
www.theguardian.com
2 months ago
Media industry

If Meta's intransigence isn't enough, AI poses an even greater threat to journalism | Margaret Simons

Meta refusing to renew deals with Australian media; negotiation grudging. News media bargaining code forced Google and Facebook to negotiate with media companies. Google and Facebook avoided designation in 2021 by cutting deals. [ more ]
The Conversation
6 months ago
Media industry

Why Google and Meta owe news publishers much more than you think - and billions more than they'd like to admit

The News Media Bargaining Code in Australia has prompted Google and Meta to strike deals with Australian media organizations and has become a template for other countries looking to compensate their own media businesses.
A new report suggests that the amounts of money Google and Meta should be paying news publishers are far greater than anyone imagined, and far more than the tech companies themselves claim.
Other countries, including Indonesia, New Zealand, South Africa, Switzerland, and Japan, are considering similar laws or conducting studies on news distribution and payment to publishers. [ more ]
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