SMH
·general
·3 hours ago
Albanese unveils draft laws requiring tech giants to pay media revenue fee
Prime Minister Anthony Albanese unveiled draft laws on Tuesday requiring tech giants like Meta and Google to pay a 2.25 percent revenue fee if they fail to strike news deals with local media. The Australian government plans to distribute up to $250 million to media companies based on journalist employment, insisting the charge.
Summary by Glance · SMH
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