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Statement: News Media Alliance Applauds ACCC Draft Code Mandating Compensation for News Publisher Content from Big Tech Platforms

from News Media Alliance

Statement: News Media Alliance Applauds ACCC Draft Code Mandating Compensation for News Publisher Content from Big Tech Platforms News Media Alliance The News Media Alliance commends the Australian Competition & Consumer Commission (ACCC) for the release of the Draft News Media Bargaining Code, aimed at rectifying the imbalance of power between news publishers and digital platforms. The ACCC draft mandatory Code would give publishers the ability to negotiate with the big tech platforms, such as Google and Facebook, in good faith to be meaningfully compensated for their content, and require them to disclose algorithmic changes that could affect news publishers' bottom lines. Alliance President & CEO, David Chavern, said, "This is an encouraging first step toward a compensation framework to ensure we are adequately compensated for our content, and serves as an example for other countries around the world to follow." READ MORE

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