The Guardian Australia
·general
·1 hour ago
Australia launches news bargaining incentive for tech giants starting January 2025
Australia introduced the news bargaining incentive (NBI) for tech giants on January 1, 2025, aiming to ensure media companies are compensated for their content. The NBI charges covered companies 2.25% of Australian revenue unless they engage in media deals worth 1.5%. Critics warn it still favors platforms and may disadvantage smaller news organizations.
Summary by Glance · The Guardian Australia
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