News Corp, the biggest news publisher in Australia, has responded to the federal government's announcement of a draft mandatory code for digital platforms to pay publishers.
Michael Miller, executive chairman, News Corp Australasia: “This is a watershed moment to benefit all Australians. The platforms' days of free-riding are ending.”
While other countries are talking about the tech giants' unfair and damaging behaviour, the Australian Government and the ACCC are taking world-first action. I congratulate them for their leadership.
The tech platforms' days of free-riding on other peoples' content are ending. They derive immense benefit from using news content created by others and it is time for them to stop denying this fundamental truth.
The ACCC's draft Code of Conduct is a watershed moment; it can force the platforms to play by the same rules other companies willingly follow and it ultimately means they will no longer be able to use their power to walk away from negotiations with news creators.
This code has the potential to benefit all Australians by securing the future for the people and companies who serve real communities with real news. I look forward to entering into negotiations with the platforms as soon as possible.
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