Australia’s news media bargaining code pries $140 million from Google and Facebook


More than a year after Australian political parties across the spectrum united around a law that pushed Google and Facebook to pay for the news they distribute, a further 24 smaller media outlets will now receive money from Google. This means that Google has made deals with essentially all qualifying media companies.

These deals, and those struck with Facebook, have injected well over $200 million AUD into Australian journalism each year according to Rod Sims, the former chair of the Australian Competition and Consumer Commission who initiated the Code.

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