
Dispute between Facebook and the Australian GOVT could spell the end of regional digital news
The Australian government, News Corp and Nine Entertainment have been leading a push to force Facebook and Google to pay 10% of their advertising revenue to media outlets as they struggle to remain profitable online. The ACCC is working with news outlets and the tech giants Facebook and Google to develop a code of conduct which includes revenue sharing. Facebook has just outright rejected the idea of revenue sharing and even went as far as saying they will scrap Australian news on it’s platform if it’s forced to pay media outlets. Facebook said removing news from Facebook would not affect...
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