Close Menu
    Facebook X (Twitter) Instagram
    Parhlo WorldParhlo World
    • Home
    • Life
    • Entertainment
    • News
    • World
    • Business
    • Technology
    • More
      • Celebrities
      • Sports
    Parhlo WorldParhlo World
    Home»Government»Meta Says That Publishers Will No Longer Get Paid, and Australia is Planning a Big Tech News Tax
    Government

    Meta Says That Publishers Will No Longer Get Paid, and Australia is Planning a Big Tech News Tax

    DavidBy DavidDecember 12, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Meta Says That Publishers Will No Longer Get Paid, and Australia
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A few years ago, Australia passed a law that requires platform giants like Meta, which owns Facebook, and Google, which owns YouTube, to work with news publishers to pay for resharing media. Big Tech had to make deals with local news sites because of the News Media Bargaining Code. But Meta has stopped advertising news around the world on its platforms, and in March, it shocked Australian publishers by telling them that deals worth about $70 million would not be renewed.

    #Tazow After Meta signals end to publisher payouts, Australia plots Big Tech news tax https://t.co/Mh6Gbk2L84 #crypto pic.twitter.com/H6dBxSVFu5

    — Tazow – $TZW (@_Tazow) December 12, 2024

    After Meta’s shocking move a few months ago, the Australian government is getting ready to respond. According to the Financial Times, the government will bring a law change that will make social media and search engines pay for news if they make more than $250 million a year in local sales. Any payments made freely to publishers would be canceled out by the news tax.

    Also Read: Meta Lets You Post to Threads From Instagram and Facebook. This is How You Do It

    This makes it clear that the goal of the measure, which will be discussed by the public next year, is to get Big Tech back to the media negotiating table.

    What do you say about this story? Visit Parhlo World For more.

    Featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    David

    Related Posts

    Everything We Know About Kaiju No. 8 Season 2 So Far

    July 11, 2025

    Everything we know About Spy x Family Season 3 So Far

    July 9, 2025

    Everything We Know About Squid Game Season 3 So Far

    July 8, 2025

    The Handmaid’s Tale Season 6 Cast: Key Plot Leaks Revealed

    July 7, 2025
    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Popular Posts

    Google Maps Is Adding New Tools, But None Of Them Are “Pause Navigation.”

    August 1, 2024

    More Than 60% Of US Adults Aren’t Sure Biden Is Mentally Fit To Speak To The Country As He Gets Ready To Do So

    March 4, 2024

    Will “Aquaman 2” Do Well Or Poorly At The Christmas Box Office?

    December 21, 2023

    Parhlo world

    world.parhlo.com is the leading open platform that represents the voice of youth with viral stories and believes in not just promoting talent and entertainment but in liberating world youth and giving rise to young changemakers!




    Our Picks

    Everything We Know About Kaiju No. 8 Season 2 So Far

    July 11, 2025

    Everything we know About Spy x Family Season 3 So Far

    July 9, 2025

    Everything We Know About Squid Game Season 3 So Far

    July 8, 2025
    Quick Links
    • Home
    • Life
    • Entertainment
    • News
    • World
    • Business
    • Technology
    • More
      • Celebrities
      • Sports
    Parhlo World © 2014-2025. All Rights Reserved.
    • Home

    Type above and press Enter to search. Press Esc to cancel.