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News Wire / politics

Australia To Implement News Media Levy In July 2025

Kommersant FM Canberra 15d14d Impact 5

Australian legislators have proposed a law requiring large digital platforms, including Google and TikTok, to enter commercial agreements with local media outlets. Companies including Meta, Google, and TikTok would be required to strike deals with Australian media groups. The move is being introduced as news consumption shifts toward social media platforms. The Australian government says Meta, Alphabet's Google, and TikTok could face multi-million dollar charges if they do not negotiate deals to pay local media outlets for news on their platforms. Deputy Chief Secretary Warner Jerk noted the impact would likely affect Asia first, then Europe. Wells stated that platforms like Facebook, TikTok, and Google should contribute their fair share to the journalism that drives their revenue. The minister spoke to the media in Canberra regarding the news media bargaining incentive.

Australian legislators have proposed a law requiring large digital platforms, including Google and TikTok, to enter commercial agreements with local media outlets. Companies including Meta, Google, and TikTok would be required to strike deals with Australian media groups. The move is being introduced as news consumption shifts toward social media platforms. The Australian government says Meta, Alphabet's Google, and TikTok could face multi-million dollar charges if they do not negotiate deals to pay local media outlets for news on their platforms. Deputy Chief Secretary Warner Jerk noted the impact would likely affect Asia first, then Europe. Wells stated that platforms like Facebook, TikTok, and Google should contribute their fair share to the journalism that drives their revenue. The minister spoke to the media in Canberra regarding the news media bargaining incentive. Analysts suggest the impact will be global, specifically affecting Asia and Europe. Australia plans to tax three major technology companies at a rate of 2.25% on their local revenue. The proceeds from this tax are intended to be directed to news companies to boost the Australian economy. The Australian Broadcasting Corporation reported that the government's news bargaining incentive plan includes a proposed tax for technology companies. The news media levy will be implemented starting from the 2025-26 financial year on July 1st.

Topics

media regulation digital platforms copyright

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Sources · 7 independent

Kommersant FM

“обяжет крупные цифровые платформы, включая Google и TikTok, заключать коммерческие соглашения с австралийскими СМИ или выплачивать специальный сбор за использование новостного контента.”

ABC NewsRadio AU

“Google and TikTok will face a new tax if they fail to pay for the news content that they publish on their social media platforms under a set of draft laws.”

ABC NewsRadio AU

“if you choose to do deals with news organisations, then you'll be paying far less in funding than you would if you choose to pay the incentive.”

ABC NewsRadio AU

“we are taking steps to improve how the new bargaining code works through a news incentive. But they could just walk away, right? Walk away from Australia.”

ABC NewsRadio AU

“I've made the decision that the distribution mechanism should be based on numbers of journalists employed because that incentivises news organisations to employ journalists.”

Kommersant FM

“Австралийский законодатель представила законопроект, который обяжет крупные цифровые платформы, включая Google и TikTok, заключать коммерческие соглашения с австралийскими СМИ или выплачивать специальный сбор за использование новостного контента.”

WNYC 93.9 FM

“Australia has set out plans for new laws that would make tech giants pay for using news from local publishers. Companies like Metta, Google and TikTok would need to strike deals with Australian media groups or face a levy of just over 2% on their local revenues.”

WBUR Boston

“We have or face a levy of just over 2% on their local revenues. The move comes as more people get their news through social media.”

WNYC 93.9 FM

“over 2% on their local revenues. the move comes as more people.”

WNYC 93.9 FM

“over 2% on their local revenues.”

RTHK Radio 3 HK

“The Australian government says Metta, Alphabet's Google and TikTok could face multi-million dollar charges if they do not negotiate deals to pay local media outlets for news on their platforms.”

RTHK Radio 3 HK

“Australian communications minister Annika Wells spoke to the media in the capital Canberra. People are increasingly getting their news directly from Facebook, from TikTok and from Google.”

RTHK Radio 3 HK

“Australian Communications Minister Annika Wells spoke to the media in the Capitol Canberra. People are increasingly getting their news directly from Facebook, from TikTok and from Google.”

RTHK Radio 3 HK

“tax the three big tech companies 2.25% on their local revenue unless they strike agreements with the proceeds to be directed to news companies to boost Australia's economy.”

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