Facebook and Google will be permitted to count the monetary worth of online readers they deliver news websites in calculations to determine how much money they pay media organisations for the value of journalism on their platforms, under compromises reached by the federal government.
The final digital platform reforms to be unveiled on Tuesday by Treasurer Josh Frydenberg will leave Facebook and Google facing a new independent umpire, if they fail to strike commercial deals with news publishers.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
Max Mason covers insolvency, courts, financial crime, cybercrime and corporate wrongdoing. A Walkley Award winner, Max’s journalism has also received awards from the National Press Club of Australia, the Kennedy Awards and Citibank. Message Max on Signal https://tinyurl.com/MaxMason Connect with Max on Twitter. Email Max at max.mason@afr.com
