Article in Al Jezeera by Staff, 12/12/24

Headline:  “Australia plans to tax tech giants if they fail to pay news outlets”

Subhead: “Firms like Meta face tax if they don’t pay for news driving traffic to their sites, depriving media firms of revenue.”

“The Australian government has announced plans to tax Big Tech firms if they fail to share revenue with local news media organisations.

“The measure, applicable from January 1, will force firms like Meta and Google with an Australian-based revenue in excess of 250 million Australian dollars ($160m) to pay for content or face a hefty tax bill that could amount to millions.”

“. . . Announcing the move, Communications Minister Michelle Rowland said on Thursday that the rapid growth of digital platforms had ‘disrupted’ the media landscape and was ‘threatening the viability of public interest journalism’ ”.

https://www.aljazeera.com/news/2024/12/12/australia-to-force-tech-giants-to-pay-for-news