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Facebook to lift Australia news ban, pay media companies for content


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CBS News

Feb. 23 2021

Sydney — Facebook said Tuesday it will lift a contentious ban on Australian news and pay local media companies for content, after a last-gasp deal on pending landmark legislation. Australia's Treasurer Josh Frydenberg announced a face-saving compromise that will see Google and Facebook plunge tens of millions of dollars into the struggling local news sector.

In return the U.S. digital firms will, for now, avoid being subjected to mandatory payments that could cost them vastly more and create what they see as an alarming global precedent.

Just hours after the compromise was unveiled, Facebook announced its first proposed deal with an Australian media company, Seven West, and was said to be pursuing commercial deals with other local news organizations.

(Snip)

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Feb. 23 2021

Facebook will walk back its block on Australian news sites, Treasurer Josh Frydenberg and Communications Minister Paul Fletcher have said, after a backlash to its response to proposed media bargaining laws that would force major tech giants to pay news outlets for their content.

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