Serhat TUNAR -TDO- The Australian government has made final changes to the draft law to allow its platforms such as Google and Facebook to pay for local news sources it previously used for free.
Under a new draft law scheduled to pass parliament later this week, Google and Facebook will have to pay by agreeing fees with local media outlets.
Australian Treasury Minister Josh Frydenberg said: "giant digital platforms need to negotiate with local broadcasters how much they will pay for the news and related content they use. If they can't reach an agreement, the government will appoint an arbitrator to determine the fee. With this new regulation, the virtual world will begin to reflect the rules of the real world. It will also ensure the continuation of the media environment. This is a great reform, and we are achieving a first in the world. All eyes are now focused on this change in Australia."
Post-development Facebook Australia director Will Easton said once the bill becomes law they would review the terms and go towards agreement within a workable framework.