Robert Besser
09 Dec 2022, 05:34 GMT+10
WELLINGTON, New Zealand: The government of New Zealand said it will introduce a law requiring major online digital companies, such as Google and Facebook, to pay New Zealand media companies for the local news content that appears on feeds.
In a statement, Minister of Broadcasting Willie Jackson said that the law will be similar to equivalent legislation in Australia and Canada, with the aim of encouraging large digital platforms to reach financial agreements with local news outlets.
"New Zealand news media, particularly small regional and community newspapers, are struggling to remain financially viable as more advertising moves online. It is critical that those benefiting from their news content actually pay for it," Jackson said.
The governing Labour Party's majority is expected to pass the new legislation when it goes to a vote in parliament.
In 2021, Australia introduced a similar law that allowed the government to require internet companies to negotiate content supply deals with media outlets, which was found to have mainly worked, according to a review released by the Australian government last week.
Get a daily dose of Bangladesh Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Bangladesh Sun.
More InformationColombo [Sri Lanka], September 25 (ANI): Sri Lanka Cricket's medical panel head Arjuna de Silva gave an update on Wanindu ...
Hangzhou [China], September 25 (ANI): Indian shooter Vijayveer Sidhu could not finish among medal winners in the 25m rapid-fire pistol ...
Hangzhou [China], September 25 (ANI): Indian shooter Aishwary Pratap Singh Tomar on Monday was elated at winning two medals at ...
Mumbai (Maharashtra) [India], September 25 (ANI): The 19th Asian Games has over 650 Indian athletes, its biggest contingent ever, representing ...
Hangzhou [China], September 25 (ANI): Union Sports Minister Anurag Thakur lauded the Men's Quadruple Sculls winners on day seven of ...
Indore (Madhya Pradesh) [India], September 25 (ANI): Courtesy of their resounding win over Australia in the second ODI at Indore, ...
WASHINGTON D.C.: U.S. Transportation Secretary Pete Buttigieg has criticized the air traffic control staffing shortages in New York as "unacceptable" ...
BURBANK, California: A note by Needham media analyst Laura Martin released this week revealed that CEO Bob Iger told investors ...
TOKYO, Japan: This week, Toshiba revealed that a tender offer worth US$14 billion from Japan Industrial Partners (JIP) was a ...
HANOI, Vietnam: While the European Union (EU) is set to impose tariffs on its Chinese rivals, Vietnamese electric vehicle (EV) ...
BEIJING, China: In a country where weddings are traditionally grand and expensive events, China's wedding industry, estimated at some US$500 ...
PARIS, France: Amid the imminent launch of the iPhone 15, unions representing Apple store workers in France have called for ...