قالب وردپرس درنا توس
Home / Business / Australia will force Facebook, Google to pay media companies the content

Australia will force Facebook, Google to pay media companies the content



Australia will force Facebook Inc and Google Alphabet Inc to pay Australian media for news content, Treasurer Josh Frydenberg said on Friday.

Frydenberg said the mandatory code of conduct, which will be enacted this year, is needed to ensure the viability of Australian media companies.

GET FOX BUSINESS AT WORK CLICK HERE

“It̵

7;s about achieving equity for Australian media companies. It’s about ensuring we have increased competition, increased consumer protection and a sustainable media landscape,” Frydenberg told Melbourne reporters.

Under Australia’s proposal, U.S. media and search giants would have to negotiate with Australian media companies to use their content.

FOSTBOOK POSTS INCOME GROWTH DESPITE PANDEMIC

Australia will become the first country to require Facebook and Google to pay for news content. The two companies have spent years resolving payment claims by news publishers around the world.

Neither Google nor Facebook responded to requests for comment immediately.

AUSTRALIA BULLETIN ACCUSES GOOGLE OF PRIVACY

If no agreement can be reached, the matter will be sent to a legal authority for arbitration. If no agreement can yet be reached within 45 days, the governing body will make the final decision.

CLICK HERE TO READ MORE ON FOX BUSINESS

(Report by Colin Packham; Edited by Tom Hogue and Stephen Coates)


Source link