Won’t this just play out the same way it did in Germany and Spain?
The only difference here is that Rupert Murdoch's media empire has a fair bit of political influence in Australia, and they are the ones behind this.
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
#32> 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…
Facebook's effectiveness is neutral to the side of politics it pushes unfortunately. It's just that some people are not beneath using facebook to push an agenda.
Re: Facebook rejects calls to share advertising revenue with Australian media
#33So 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 credibilit…
It's not even really about controlling the narrative though, they still do to some extent. They're angry that they don't have a monopoly on advertisement anymore.
Re: Facebook rejects calls to share advertising revenue with Australian media
#34Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
This is similar to what Spain did in 2014 when passed a law to make Google pay for the news they published on Google News. Google closed the Spanish version of the site. There hasn't been a Google News for Spain since then. https://www.rt.com/news/201031-spain-google-tax-law/
Good
Re: Facebook rejects calls to share advertising revenue with Australian media
#35Australian here. We really are the testing ground for draconian laws to be tested and proven out before it makes its way to the west.
This is similar to what Spain did in 2014 when passed a law to make Google pay for the news they published on Google News. Google closed the Spanish version of the site. There hasn't been a Google News for Spain since then. https://www.rt.com/news/201031-spain-google-tax-law/
Please, don't use RT to support your point, since it may create an impression they're a trustworthy source of information.
Re: Facebook rejects calls to share advertising revenue with Australian media
#36So 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 credibilit…
I don't believe that's entirely true. There is a lot of anti-facebook/social-media that's mostly stemmed from the tangible negative influence it's had on society. We can disparge Facebook and News Corp in the same breath, as it seems to me that they were cut from the same cloth all along.
Re: Facebook rejects calls to share advertising revenue with Australian media
#37What 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.
It's a consequence of three things:
1. Facts can't be copyrighted.
2. Continuous publishing.
3. Google and Facebook cause a large preference for free content.
If you do great journalistic work and try to charge for it, moments later (no longer a full day) someone else will change a few words around and offer it for free. And Google and Facebook will lead everyone to their story.
Those who create value are unable to capture it. This leads to great journalists getting fired, quality declining, a less informed populace.
Re: Facebook rejects calls to share advertising revenue with Australian media
#38Earlier quoted context omitted.
I don't really watch the news and not from Australia originally even though I live here, so forgive my stupid question: is there local news in Australia? I've never heard of any.
There are a bunch of different TV networks, some with local news. I must admit I haven't kept track for a good decade or so, it's possible they've all died out. I would say local newspapers and radio are the majority of local news sources though.
The ABC also has a strong local presence, with 50+ regional radio stations and their websites.
Re: Facebook rejects calls to share advertising revenue with Australian media
#39So 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 credibilit…
I sometimes thought I was a singleton set of people who believed this. I'd add that the old media is also in a vicious cycle wherein they can only attempt to gain dwindling share of attention by reducing their credibility. At the micro level, (e.g. on Twitter, where a pan-outlet collection of journalists "mutually discover" the preferred narrative) this sometimes looks a bit like fixed point iteration about a circula…
While I will celebrate the fall of NewsCorp, old media does include a swath of local television and print media that are doing good work for the communities they're part of.
I often hear that concern met with unsympathetic calls to get with the times, but making a media company purely out of social media isn't profitable either. We'll be left with nothing but social media if we're not careful.
Re: Facebook rejects calls to share advertising revenue with Australian media
#40If I had been trying unsuccessfully to monetise my uninformed, poorly researched, and barely coherent opinions, I too would pivot to a strategy of blaming platforms that peddle similarly poor content for free and demand 10% of their advertising revenue.