Australia has introduced regulations requiring major tech companies like Facebook and Google to compensate local media companies for news content. Initiated in 2021, this policy aims to distribute revenue generated from news on these platforms to media outlets. The government is now reviewing the laws to include additional digital platforms.
The policy has allowed media companies to hire more journalists and improve their operations. Google has signed deals with over 200 local media outlets, while Meta declined to comment. This initiative seeks to maintain a balance of power between media and digital platforms
