1 Day
Source:
Los Angeles Times
Australia raises tech fee for local news
Australia’s government plans to introduce legislation to increase charges on big digital platforms, including Meta, Google, TikTok, and LinkedIn, to encourage deals with local media. Platforms with over A$250 million in Australian digital advertising revenue will be charged 2.5% of their revenue, which will be allocated to support journalism funding. The move aims to promote sustainable journalism and foster partnerships between digital platforms and media outlets.
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