multi source·3h ago·8 sources analyzed
Australia proposes levy on Big Tech to support newsrooms
The Australian government plans to implement a tax on major tech companies to fund local journalism. This initiative aims to address the financial challenges faced by news organizations. (sources: ap, theguardian, abc, reuters, france24)
Image: ap
ModernAction Briefing
Australia is proposing a 2% levy on Meta, Google, and TikTok to support newsrooms. The government plans to introduce draft legislation to Parliament by July.
- The levy targets Meta, Google, and TikTok based on their revenue.
- The government intends to use the funds to support local news publishers.
- The Trump administration has criticized the plan, labeling it as 'foreign extortion.'
Why it matters
This initiative reflects ongoing efforts to address the financial sustainability of journalism in the digital age.
No specific legislation identified for action yet.
Top coverage · 8 sources