ABC terminates Solstice Media syndication deal, spanning The New Daily and InQueensland mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.
Media execs are weighing the potential international fallout of Facebook s Australia news ban.
Web traffic to Australian news sites began to drop significantly just hours after the ban.
Australia could serve as a testing ground for tussles elsewhere between regulators and Big Tech.
Facebook s move Wednesday to ban news content in Australia has caused shockwaves not only among publishers Down Under but among news execs elsewhere who are wary that they could soon face similar situations as regulators bear down on Big Tech.
The social networking giant blocked all Australian users and publishers from sharing or viewing news content a ban that extended to preventing users from outside the country from viewing content published by Australian news outlets on Facebook. The ban was a response to a proposed law called the News Media Bargaining Code that would force tech companies to pay to display Australian publishers news content on their platforms.
AAP flying into fresh financial turbulence
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Regional media owner Antony Catalano says the embattled national newswire AAP is “doomed” and is reconsidering his contract, just weeks after the end of a non-compete period that prevented News Corp Australia from poaching AAP’s clients.
The AAP newswire, which nearly collapsed last February because it was losing large amounts of money and lost the support of its shareholders, is trying to sign new deals with media companies and is asking the government for an annual payment to shore up funding.