Won’t this just play out the same way it did in Germany and Spain?
Facebook rejects calls to share advertising revenue with Australian media
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Re: Facebook rejects calls to share advertising revenue with Australian media
#12Australian 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.
It's not local news pushing for this, it's being pushed by Murdoch's media empire.
Based on the poor (some would say downright disgusting) quality of their content - they absolutely do not deserve even the funding they currently have.
Re: Facebook rejects calls to share advertising revenue with Australian media
#13What 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.
> you aren't a serious consumer of news anyway.
This is basically all of their ad dollars, what you described there.
Re: Facebook rejects calls to share advertising revenue with Australian media
#14So the other shoe has finally dropped: If it hasn't been apparent to everyone yet, the vast majority of "anti-tech"/anti-FB articles has been the dying gasps of attempted relevance from an antiquated media ecosystem.
Old media is upset and angry that they no longer have a monopoly on controlling the narrative. They're scared that their business model is no longer viable. They're worried about their loss of credibility (of their own making).
This is just the latest attempt (as blatant as it may be) to wrangle the state to help them survive. Let's see if it'll work.
Re: Facebook rejects calls to share advertising revenue with Australian media
#15What 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.
When you come from a Google search they remove the pay wall apparently. I searched for an extension for specifically the wall street journal since people regularly post workarounds for their site on here and found the leading extension just puts the referrer as a Google search for dozens of sites. They warn you to blacklist any organizations you actually pay for or have a login for since the extension deletes all cookies as well. I assume Facebook works similarly.
Re: Facebook rejects calls to share advertising revenue with Australian media
#16What 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.
> you aren't a serious consumer of news anyway. This is basically all of their ad dollars, what you described there.
So do they believe that FB users will instead go to their site specifically to search for the article?
Re: Facebook rejects calls to share advertising revenue with Australian media
#17Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
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Re: Facebook rejects calls to share advertising revenue with Australian media
#18This just feels like the old gatekeepers are envious of the new gatekeepers. Neither of them deserve sympathy for the actions, however NewsCorp and Nine Entertainment might the first ones to buckle under this.
Re: Facebook rejects calls to share advertising revenue with Australian media
#19What 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.
When you come from a Google search they remove the pay wall apparently. I searched for an extension for specifically the wall street journal since people regularly post workarounds for their site on here and found the leading extension just puts the referrer as a Google search for dozens of sites. They warn you to blacklist any organizations you actually pay for or have a login for since the extension deletes all coo…
Is that not something the news organization does though? Google isn't removing the paywall, they are.
Re: Facebook rejects calls to share advertising revenue with Australian media
#20> 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…
This law would establish de facto unit economics for some to-be-defined unit of news/content consumption. Clever entrepreneurs could then scale up new properties focused on the optimization of whatever that unit is, with much lower overhead/content production costs than traditional media companies. An unintended and potentially quite painful consequence follows for the two named incumbents: tremendous amounts of new, nimble, well-funded competition. Be careful what you wish for.