Earlier quoted context omitted.
I don't find it too absurd if you consider that many older people go to Facebook to read the news. And by now, the young crowd is moving on, which means those older people are Facebooks main user base.
So a company getting outcompeted wants the government to force its competiton to give it free money. And you don't think that's absurd?
Facebook rejects calls to share advertising revenue with Australian media
61–70 of 100 posts
Re: Facebook rejects calls to share advertising revenue with Australian media
#62So 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 agree that the old media is worried about losing control of the narrative. However, i think that sweeping all negative coverage of Facebook under this rug is not helpful either. There is a real loss to the community if newspapers don’t have the money to pay journalists to do real, investigative journalism - and it’s tough to argue that Facebook has not accelerated the decline of newspapers.
I love and want more real, solid pieces of reporting. But it's not there enough to make it worth defending the whole lot of them.
Re: Facebook rejects calls to share advertising revenue with Australian media
#63Australia’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 absu…
It’s a massive money drain out of Australia. Look at how aggressively China protects its businesses by blocking Facebook etc from operating in its borders.
Re: Facebook rejects calls to share advertising revenue with Australian media
#64Earlier quoted context omitted.
Countries protect their domestic companies all the time.
Sure, but you generally don't want to be blatant about it. If the US decides to start swinging its weight around to protect Google/Facebook from this (or as retaliation) then Australia is most definitely going to come out on the losing side.
Re: Facebook rejects calls to share advertising revenue with Australian media
#65Earlier quoted context omitted.
Countries protect their domestic companies all the time.
Sure, but you generally don't want to be blatant about it. If the US decides to start swinging its weight around to protect Google/Facebook from this (or as retaliation) then Australia is most definitely going to come out on the losing side.
FYI I work on catching image thieves in the US and we sadly see lots of cases where you feel that it should clearly be illegal that a company is using someone else's photo without permission, but oddly enough it turns out to be not legally pursuable.
Re: Facebook rejects calls to share advertising revenue with Australian media
#66Earlier quoted context omitted.
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.
You can’t. There aren’t any.
Re: Facebook rejects calls to share advertising revenue with Australian media
#67Earlier quoted context omitted.
It’s a massive money drain out of Australia. Look at how aggressively China protects its businesses by blocking Facebook etc from operating in its borders.
That's not why China bans Facebook. China bans Facebook because it has a policy of internet censorship and government control of information.
Re: Facebook rejects calls to share advertising revenue with Australian media
#68Earlier 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's definitely local news but you'll find more locally specific programming on radio or in newspapers than on TV. On TV the ABC, Channel 7, Channel 9 and Channel 10 all have state-specific broadcasts and newsrooms while SBS runs a single national program. Because the capital cities in Australia make up such a large proportion of the population you will rarely get "local news" on TV if you live in a regional town…
Similar for radio. ABC has local radio programs that are bulked with national programs. Triple J supports up and coming artists and alternative tastes, is ABC funded, and has local productions including in country towns around the country.
The real issue here is Facebook and Google scalping the news content and reselling it as their own.
The bigger issue is that Murdoch media undermines everything and needs to be broken up.
Re: Facebook rejects calls to share advertising revenue with Australian media
#69Earlier quoted context omitted.
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
#70Earlier quoted context omitted.
It’s a massive money drain out of Australia. Look at how aggressively China protects its businesses by blocking Facebook etc from operating in its borders.
That's not why China bans Facebook. China bans Facebook because it has a policy of internet censorship and government control of information.