New Zealand To Receive News Money from Google and Facebook
The New Zealand government has said it will pass legislation that would require major online digital companies such as Alphabet Inc’s Google and Meta (Facebook) to pay New Zealand media companies for their local news content.
New Zealand Broadcasting Minister Willie Jackson said he hopes the legislation will be modeled on similar laws in Australia and Canada and will serve as an incentive for digital platforms to reach agreement with local news outlets.
“New Zealand news media, especially small regional and community newspapers, are struggling financially to stay afloat. It’s critical that those who benefit from their news content really pay for it,” Jackson said. aforementioned.
The new law will go to a parliamentary vote, which is expected to be passed by a majority of the ruling Labor Party.
Australia passed a law in 2021 empowering the government to negotiate content supply agreements with internet companies and media outlets.
A review published by the Australian government last week found that the measures were largely working.
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