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SMH.com.au·4 min read·medium

News Corp says plan to make tech giants pay for news has been ‘gutted’

D
David Swan
News Corp says plan to make tech giants pay for news has been ‘gutted’
✦AI Summary

News Corporation has criticized the Australian federal government's revised plan to force tech giants to pay for news content. The government narrowed the scope of the levy to digital advertising revenue while increasing the payment rate and requiring deals with more publishers.

Why it matters

The policy represents a significant regulatory attempt to address the financial sustainability of the media industry in the face of dominant digital platforms.

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Share A A A Publishing giant News Corporation has attacked the federal government’s late changes to its plan to make tech giants pay for journalism , warning the revised design lets tech platforms off the hook just as the rules were meant to tighten.

The blunt criticism from News Corp came as other publishers, including the owner of this masthead, Nine, were more measured in commenting on the changes, with Nine saying it was important the policy still met its purpose.

The government is trying to ensure the sustainability of Australia’s media sector through the News Bargaining Incentive, a policy aimed at pushing tech giants to strike commercial deals with publishers.

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