After high hopes the political tide had finally turned in their favour Victoria s Liberals have been left shattered by another night of electoral defeat and the blame game has started.
Rob Nicholls
Treasurer Josh Frydenberg. Source: AAP Image/Mick Tsikas.
After almost a year of heated discussion about the news media bargaining code, there will shortly be a new law of the land one that’s unlikely to be applied to the platforms it was intended to reign in. But that’s not to say it hasn’t done its job.
With some final tweaks expected to the draft legislation, Facebook on Tuesday announced it would restore news for Australian users and strike up commercial agreements with local publishers. It signed its first deal with Seven West Media yesterday.
Google has already done deals with News Corp, Nine Fairfax, Seven West Media,
Facebook thinks it won the battle of the media bargaining code â but so does the government
Posted
ThuThursday 25
updated
FriFriday 26
Who blinked first? Facebook founder Mark Zuckerberg and Australian Treasurer Josh Frydenberg.
(
Print text only
Cancel
With the dust settling on the news media bargaining code battle royale, both Facebook and the Australian government have declared victory.
Key points:
Regional media companies lose out under the deal
Google, Facebook, government and big media businesses are winners
The legislation passed the Senate on Tuesday night, meaning the government can now make Facebook and Google negotiate with news producers to pay for content that appears on search engines or social media.
After almost a year of heated discussion about the News Media Bargaining Code, there will shortly be a new law of the land – one that’s unlikely to be applied to the platforms it was intended to reign in. But that’s not to say it hasn’t done its job.
With some final tweaks expected to the draft legislation, Facebook on Tuesday announced it would restore news for Australian users and strike up commercial agreements with local publishers. It signed its first deal with Seven West media yesterday.
Google has already done deals with News Corp, Nine Fairfax, Seven West Media, The Guardian and regional news company ACM, turning back on its initial threat to pull Google Search from Australia.
Commentary: Facebook, Google and Australia win some and lose some over new media laws channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.