Facebook said it would begin restoring news sharing to Australian user feeds “in the next few days” after reaching an agreement with the Australian government. The social media giant made a radical move to limit news content in Australia last Wednesday. Proposed media negotiation code It is expected to be voted on the law soon. This code would have forced other major tech companies like Facebook and Google to enter into revenue sharing agreements with publishers for content posted on social media platforms.
Australian Treasury Officer Josh Frydenberg said to “further clarify the digital platform and news media business on how to operate the code and strengthen the framework for fair rewarding the news media business.” He said the code had changed. Seven News reported..
With this fix, the code now includes a two-month mediation period so that digital platforms such as Facebook and publishers can agree on a deal before entering arbitration. The Australian Government will also consider the commercial agreements that the technology platform has already signed with local publishers before deciding whether the code will apply and notify one month before reaching the final decision. I will.
Facebook Australia and New Zealand Managing Director William Easton, Said in a statement The company was “satisfied” with the change and added that it addressed Facebook’s “key concerns about allowing commerce to recognize the value the platform provides to publishers compared to the value it receives from publishers.”
Last week’s Facebook restrictions restricted Australian publishers from sharing or posting content from Facebook pages, and Australian users could not view or share Australian or international news content.
In April 2020, the Australian government announced that it would adopt a mandatory code that orders Google, Facebook and other major tech companies to pay local media for content reuse.
Facebook for lobbying against the proposed law Threatened to limit first We released news content in Australia last September.Google too Claims to reduce user experience in Australia He suggested that the country may no longer be able to offer free services.
Facebook to restore news sharing in Australia after government amends proposed law – TechCrunch Source link Facebook to restore news sharing in Australia after government amends proposed law – TechCrunch