Australia will force Facebook and Google to pay for content created by traditional media companies in a move aimed at easing digital disruption in the sector. The government’s decision comes in response to a deepening crisis in the global newspaper industry, as a slump in advertising exacerbated by the coronavirus pandemic compels scores of publishers to slash costs and cease printing. Google and Facebook are facing a similar push by competition authorities elsewhere including the EU. Read More...
Australia will force Facebook and Google to pay for content created by traditional media companies in a move aimed at easing digital disruption in the sector. The government’s decision comes in response to a deepening crisis in the global newspaper industry, as a slump in advertising exacerbated by the coronavirus pandemic compels scores of publishers to slash costs and cease printing. Google and Facebook are facing a similar push by competition authorities elsewhere including the EU.
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