Social media giants could be forced to pay for news under media bargaining code draft
A draft media bargaining code could require social media companies to pay for news content. Major tech firms like Meta, Google, and TikTok may be compelled to negotiate financial agreements with Australian news organizations. This move aims to support the struggling news industry in Australia.
- ▪The media bargaining code draft targets social media giants.
- ▪Companies like Meta, Google, and TikTok are included in the proposal.
- ▪The initiative seeks to bolster Australian news services financially.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.