Australia to force Google, Facebook to pay domestic media to use content

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Australia to force Google, Facebook to pay...
 © In-Cyprus 2020
Australia will force Facebook Inc and Alphabet Inc’s Google to share advertising revenue with local media firms, the country’s treasurer said on Monday, becoming one of the first countries to require digital platforms to pay for content they use.

Treasurer Josh Frydenberg said the move comes after talks with Facebook and Alphabet failed to yield a voluntary code to address complaints by domestic media players that the tech giants have too tight a grip on advertising, their main source of income.

“We understand the challenge that we face, this is a big...


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This article was automatically added to our system 20-4-2020

Australia to force Google, Facebook to pay domestic media to use content


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Article Tags: australia, force, google, facebook, domestic, media, content,