Facebook rejects calls to share advertising revenue with Australian media
1–10 of 100 posts
Re: Facebook rejects calls to share advertising revenue with Australian media
#2Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
Re: Facebook rejects calls to share advertising revenue with Australian media
#3Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
I hope something good is implemented to favor local news agencies. I don't use facebook but I see how google get benefits of the other news channels.
I mostly go to abc, news.com.au directly for news headlines. But I know lot of my friends use facebook for the latest news. This does not benefit the original content creator.
Re: Facebook rejects calls to share advertising revenue with Australian media
#4Which begs me to question the eternal ambiguity about Facebook trying to position itself as a self publishing platform or that with a news arregator/personal communication hybrid model.
Re: Facebook rejects calls to share advertising revenue with Australian media
#5Suggesting that Google pay 10% of revenue to news organizations is frankly risible.
Re: Facebook rejects calls to share advertising revenue with Australian media
#6> The initiative has been strongly pushed by Australia’s two biggest media companies, Rupert Murdoch’s News Corp and Nine Entertainment.
These two companies are scum, and the fact that this proposal was taken seriously by the Australian government is embarrassing. Murdoch's News Corp already interfered with the country's internet infrastructure plans in order to protect its profits from cable television; this is just another attempt to stem the bleeding.
If Facebook wasn't so effective a platform for Fox News, The Daily Wire, and Breitbart, I'd genuinely celebrate their role in strangling News Corp.
Re: Facebook rejects calls to share advertising revenue with Australian media
#7What is it that causes news companies to lose money because of Google and Facebook? I am still visiting their site to read the article.
If you only read the headline, you aren't a serious consumer of news anyway.
Re: Facebook rejects calls to share advertising revenue with Australian media
#8Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
I hope something good is implemented to favor local news agencies. I don't use facebook but I see how google get benefits of the other news channels. I mostly go to abc, news.com.au directly for news headlines. But I know lot of my friends use facebook for the latest news. This does not benefit the original content creator.
Nobody makes any money off of news these days. Publishers are just looking for someone to milk and they, of course, go after whoever has the biggest pocketbooks.
Here's a good read on the fate of a US publisher that illustrates what has happened over the last 10 years to publishers
https://digiday.com/media/caught-in-the-mushy-middle-how-qua...
Re: Facebook rejects calls to share advertising revenue with Australian media
#9Australia’s competition regulator, the ACCC, has estimated that Google and Facebook together earn some A$6 billion (US$4 billion) a year from advertising in the country.
Leading news publishers have demanded the two companies pay at least 10% of that money each year to local news organizations.
News organizations want ten percent of FB and Goog's advertising revenue? I guess I do too but this concept is facially absurd.
Re: Facebook rejects calls to share advertising revenue with Australian media
#10Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
I hope something good is implemented to favor local news agencies. I don't use facebook but I see how google get benefits of the other news channels. I mostly go to abc, news.com.au directly for news headlines. But I know lot of my friends use facebook for the latest news. This does not benefit the original content creator.
Why? I have no sympathy at all News Corp and Nine Entertainment. No one is forcing them to share content on Facebook if they don't like the deal. This is pretty clearly old media trying to shake down new media.
(And tell your friends to stop using Facebook for news and go to a real news site.)