Tag: STEPHEN JONES
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Australian Government to Enforce Revenue-Sharing Agreements with Tech Giants
The Australian government is set to mandate that tech giants, including Meta and Google, enter revenue-sharing agreements with local media firms or incur significant fines. New regulations will enforce penalties even if firms choose to eliminate news content, addressing previous shortcomings in the existing media bargaining code. The Australian federal government plans to implement measures…
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Albanese Government Proposes New Plan for Tech Firms to Support Journalism
The Albanese government has introduced a new plan requiring major tech firms to either negotiate agreements with news organizations or pay a charge to support journalism funding. Following Meta’s refusal to renew contracts under the existing news media bargaining code, the government aims to ensure compliance and financial contributions from large digital platforms, thus bolstering…