Australia begins hearings into Bondi Beach attack and rising antisemitism
Strategic analysis from Australia suggests a major shift in the climate surrounding Australia begins hearings into Bondi Beach attack and rising antisemitism, with long-term implications for the sector.
Australia is getting serious about making Big Tech pay for news. The country’s government unveiled draft legislation on Tuesday that would require companies like Meta, Google, and TikTok to pay for the journalism they aggregate or reshare, or face a levy on their local revenues. Communications Minister Anika Wells said at a press conference today: “People are increasingly getting their news directly from Facebook, from TikTok, and from Google.” The proposed law, called the News Bargaining Incentive (NBI), would impose a 2.25% levy on the Australian revenues of the three platforms unless they strike commercial deals with local news publishers. Plus, the more deals they make with media outlets, the less they pay. If enough agreements go through, that effective rate drops to 1.5%, which could generate between A$200 million and A$250 million back into Australian journalism. “Journalists are the lifeblood of Australia’s media sector, playing a vital role in keeping communities informed about the news that matters to them,” Prime Minister Anthony Albanese said in a statement. It is the country’s second attempt to force Big Tech to fund journalism. The Australian government introduced the News Media Bargaining Code, which officially came into effect in 2021, requiring platforms like Google and Meta to pay news publishers. But the original version had a flaw that Big Tech companies could simply remove news from their platforms to avoid paying. Meta did tha
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