Journalism Fights Back
Two years after Australia's News Media Bargaining Code started forcing Big Tech platforms to pay publishers for the news they carry, other countries are advancing their own versions of the law. Having reaped massive profits from journalism produced by others, Google and Facebook should stop fighting these bills and start paying up.
NEW YORK – Two years ago, the Australian Parliament passed the News Media Bargaining Code, which forced Meta (Facebook) and Alphabet (Google) to compensate media outlets for news content shared on their platforms. The law has been a remarkable success, with Australian media outlets now receiving more than AU$200 million ($133 million) annually from Big Tech firms.