Udayavni Special

Australia to make Google and Facebook pay for news content


PTI, Apr 20, 2020, 8:22 AM IST

Canberra; Global digital platforms Google and Facebook will be forced to pay for news content in Australia, the government said on Monday, April 20 as the coronavirus pandemic causes a collapse in advertising revenue.

Treasurer Josh Frydenberg said that the competition watchdog, the Australian Competition and Consumer Commission, known as ACCC, would release in late July draft rules for the platforms to pay fair compensation for the journalistic content siphoned from news media.

Frydenberg said that he believed that Australia could succeed where other countries, including France and Spain, had failed in making Google and Facebook pay.

“We’re very conscious of the challenges and complexity of ensuring a mandatory code. Many other countries have tried it without much success,” Frydenberg told Australian Broadcasting Corp. “We think we can be world-leading.”

“We do want the rules of the digital world to reflect as much as possible the rules of the physical world,” he added.

The ACCC had attempted to negotiate a voluntary code by which the global giants would agree to pay traditional media for their content. But the parties couldn’t agree on “this key issue of payment for content,” Frydenberg said.

Google was netting 47 percent of online advertising spending excluding classified ads in Australia, and Facebook was claiming 24 percent, he said.

Google and Facebook did not immediately respond to a request for comment. Media companies have stopped printing dozens of newspaper mastheads across Australia because the pandemic shutdown has caused advertisers to stop spending.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

K’taka COVID-19 update: 1509 new cases, 1645 discharges, 24 deaths on Nov 22

Karnataka govt orders forming Veerashaiva-Lingayat Corporation with Rs 500 cr fund

NIA grills Sampath Raj in Bengaluru violence case

COVID-19: Less than 50,000 daily new cases for 16 days

PM says 2014-29 period ‘very important’ for India

Bihar MLA from Owaisi s party takes oath in Urdu,but insists word ‘Hindustan’ be replaced with ‘Bharat’

Comedian Bharti Singh, husband get bail in drugs case



Related Articles More

Chrome extensions’ detail page to show user data collection info soon

Google testing its task-for-money app Task Mate in India: Reports

India’s proposed Venus mission attracts international payload proposals

What is the Sentinel-6 satellite?

India to launch deep sea mission in 3-4 months for exploration of minerals

MUST WATCH

Road Ashram’ campaign to study the effects of the novel coronavirus

Auto Rickshaw driver feeds stray dogs in Surathkal | Umesh Devadiga | Udayavani

First Female Auto rickshaw driver Vijayalakshmi from Surthakal

Science and Health Benefits of Ghee | Ayurveda Tips in Kannada

Nittur Swarna rice brand : A new kind of paddy crop by Nittur school children

Latest Additions

Govt plans to set up charging infrastructure across 69K petrol pumps

Yogesh Gowda murder case: Vinay Kulkarni’s judicial custody extended by 14 days

K’taka COVID-19 update: 1509 new cases, 1645 discharges, 24 deaths on Nov 22

UAE honours Bantwal-origin man with ‘golden visa’ for service during COVID-19 pandemic

Former Assam CM Tarun Gogoi passes away aged 86

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.