Albanese government will ‘back local journalism’ in dispute over proposed news media bargaining code, says Stephen Jones
The federal government says that if social media platforms ‘are using and deriving value from news content, they should pay for it’.The federal government says that if social media platforms ‘are using and deriving value from news content, they should pay for it’., in the dispute over the government’s news media bargaining code, as he flagged a commitment for mainstream media outlets to be paid fairly by the social media companies.
Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Jones is awaiting advice from treasury and the Australian Competition and Consumer Commission about the effect of changes on news outlets and the social platforms.to hire more staff, expand their offerings, or invest in new resources. There is concern in media industry circles that an end to such deals may see news outlets scale back their work or cut jobs.
Jones said there was a “strict process” on the media bargaining code, which he was following “to the letter”. He said he’d written to major news publishers asking them to cooperate with the ACCC process.Our Australian afternoon update breaks down the key stories of the day, telling you what’s happening and why it matters“I want to understand the situation with each of them, under the existing agreements, and the consequences of Meta not agreeing to continue with commercial agreements,” he said.
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