Australia to make Facebook, Google pay news outlets for content

SYDNEY: Australia finalised plans on Tuesday to make Facebook Inc and Google pay its media outlets for news content, a world-first move aimed at protecting independent journalism that has been strongly opposed by the internet giants.

Under laws to go to parliament this week, Treasurer Josh Frydenberg said the Big Tech firms must negotiate with local publishers and broadcasters how much they pay for content that appears on their platforms. If they can’t strike a deal, a government-appointed arbitrator will decide for them.