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Disarm Meta’s nuclear option for news, indie publishers say

Sam Buckingham-Jones
Sam Buckingham-JonesMedia and marketing reporter

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Meta should be legally forced to host news on Facebook and Instagram, a coalition of diverse news publishers say, taking away its key trump card in an escalating war with the Albanese government and Australia’s big media companies.

The $2 trillion tech giant has declared it will not sign new deals paying upwards of $70 million a year to media companies to host their content on its platforms. It agreed to at least 13 deals under the threat of the then-Coalition government’s news media bargaining code laws three years ago.

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Sam Buckingham-Jones is the media and marketing reporter at The Australian Financial Review. Connect with Sam on Twitter.

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    Original URL: https://www.afr.com/companies/media-and-marketing/disarm-meta-s-nuclear-option-for-news-indie-publishers-say-20240324-p5ferw