Canberra While the media in Australia is losing advertising revenue due to coronavirus, digital sites like Facebook and Google are looking at revenue by publishing news in the media. The Australian government plans to introduce a new law to curb this.
Accordingly, the Australian Government has decided to bring in legislation to make it possible for Facebook to pay the corresponding fees for media reports published by Facebook and Google. As a result, $ 6 billion in advertising revenue from companies such as Google and Facebook will go to news organizations.
In the meantime, Facebook, which has strongly opposed the Australian government's decision, has threatened to shut down news sharing on Facebook and Instagram. Similarly, Google has issued a statement strongly opposing the Australian government's decision.