Australia proposes levy on tech giants unless they pay for local news
Australia has unveiled draft laws that would require major technology companies Meta, Google, and TikTok to pay local news publishers for content or face a levy of 2.25% of their Australian revenue.Prime Minister Anthony Albanese announced that these tech giants would be given an opportunity to negotiate voluntary content deals with local news publishers.If they decline, the compulsory levy would be imposed as a financial penalty.The legislation aims to support struggling media outlets and address the dominance of global tech platforms in news distribution.It seeks to ensure that digital platforms compensate local publishers for news articles that drive traffic and... [Continue Reading]
360LiveNews | 28 Apr 2026 04:31 LONDON
