Refriended in Defeat: Australia Strikes a Deal with Facebook
Refriended in Defeat: Australia Strikes a Deal with Facebook
The Australian Treasurer, Josh Frydenberg, was unconvincing in his efforts to summon up courage. The Australian government had been left reeling in the wake of Facebook’s decision to scrap and block Australians from sharing and posting news items on hosted pages. The company’s target of opprobrium: the News Media Bargaining Code.
The Code’s ostensible purpose is to address the inequalities in the news market place by pushing digital giants and news outlets into reaching commercial deals. Failing to do so will lead to final offer arbitration between the parties, where the independent arbitrator selects one of the deals on offer. That selection would be binding on both parties.
The Australian Treasurer, Josh Frydenberg, was unconvincing in his efforts to summon up courage. The Australian government had been left reeling in the wake of Facebook s decision to scrap and block Australians from sharing and posting news items on hosted pages. The company s target of opprobrium: the News Media Bargaining Code.
The Code s ostensible purpose is to address the inequalities in the news market place by pushing digital giants and news outlets into reaching commercial deals. Failing to do so will lead to final offer arbitration between the parties, where the independent arbitrator selects one of the deals on offer. That selection would be binding on both parties.
Friends Again: Why Facebook Backed Down
Less than a week after the social media giant cancelled the news in Australia, Facebook has again opened its doors to publishers.
By 96five Wednesday 24 Feb 2021
The news will soon be back in your feed.
On Tuesday (AEDT), Facebook announced that it had reached an agreement with the Government and will “restore news on Facebook for Australians in the coming days”.
The social media behemoth had banned the sharing of news content on its platform last week.
The stunning move came the day after the Australian Government’s proposed News Media Bargaining Code passed through the lower house.
The Australian Treasurer, Josh Frydenberg, was unconvincing in his efforts to summon up courage. The Australian government had been left reeling in the wake of Facebook’s decision to scrap and block Australians from sharing and posting news items on hosted .