They must develop a framework for how to reduce the spread of misinformation and empower internet users to make more informed decisions.
Both Facebook and Google have come out fighting against proposed legislation in Australia, arguing that news has minimal value to their businesses.
Google's Australia head calls out 'inaccurate claims' about the value of news content to the search giant's bottom line.
BBC Global News chief: It’s ‘unfair’ and ‘a bit immature’ for news industry to rely on Facebook & Google to save us
But Jim Egan says the big platforms have not been ‘sufficiently concerned’ so Australia’s new rules will be ‘highly significant’.
The entire media ecosystem will benefit from this shift in revenue distribution. In the meantime, the industry can do more to protect itself.
'There is too much at stake': Australia to force Facebook and Google to share ad dollars with news publishers
Australia wants to become "the first country in the world to successfully require payment for content" from the duopoly; Facebook "disappointed" by move.
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