Tech Giants Face Penalties Over News Content Deals
Under a draft news bargaining incident, technology giants could face financial penalties if they fail to make commercial deals with Australian media companies for news content. The legislation aims to ensure media companies are compensated for their news material used by tech platforms. Digital giants including TikTok and Google could be forced to pay media companies for sharing news content under draft news bargaining codes. The discussion noted that platforms previously bypassed these codes by removing news content from their platforms to avoid payment. The government is considering measures to ensure social media platforms compensate media companies for shared content.
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Sources · 7 independent
2GB Sydney
“Tech giants could face financial penalties if they failed to make commercial deals with Australian media companies for news content after under a draft news bargaining incident.”
2GB Sydney
“media companies for news content after under a draft news bargaining incident.”
2GB Sydney
“The digital giants met a TikTok Google. They could be forced to pay up. The idea is that the social media platforms sharing some of that news should be paying the media companies for the content they share.”
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