Facebook lawan towkay

The Prime Minister of Australia has shot back at Facebook for threatening to shut off news on its platforms in Australia, in a retaliatory attack on a new regulatory code that would force it and Google to pay publishers for content. 

Prime Minister Scott Morrison says “he did not respond well to coercion.” 
In a media statement released yesterday, he warned, “I would encourage them, very strongly, to work constructively and co-operatively with the process that is under way.”

He compared Facebook’s threats with the move by Amazon to block Australians from its US store in response to the government’s decision in 2018 to charge GST for international online purchases.

He reminded Facebook, “I remember Amazon said to me: ‘Well, we’re not going to pay this tax’ when it comes to the low value threshold. They threatened to pull Amazon, and they did, and they were back three months later.”

The Australian Competition and Consumer Commission (ACCC) unveiled the draft code in July, which proposes to make global tech giants pay news media for content through an arbitrative model.

It will also force the companies to give media organisations advance notice of algorithm changes.

Failure to comply could result in the tech giants paying up to 10% of local revenue in fines in addition to payment of publishers for content.

Legislation enabling the code is due to go before Parliament by December.

According to the Sydney Morning Herald, “Google has also condemned the code as unworkable, and has asked users to complain to the government about the proposal.”

Picture credit: Gangster Paradise App 

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The 14th Malaysian Media Conference (MMC) is happening on 25 September at the Sime Darby Convention Center and is proud to announce its list of speakers compromising the most influential leaders in Malaysia’s media landscape. Have you registered to join MMC 2020?


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After 20 years of evolving technology, shifting market trends, and adapting to changing consumer behaviour, the media landscape has nearly reached saturation.

We’ve optimised to the fullest, providing advertisers with abundant choices across technology, platforms, data-driven marketing, CTV, OTTDOOHinfluencer marketing, retail, etc.

Media specialists have diversified, but with more options comes the challenge of maintaining income growth. The industry is expanding, but revenue isn’t keeping pace.

Now, we’re at a TURNING POINT: time to explore and harness new sustainable revenue streams. While GroupM forecasts a 7.8% global ad revenue growth in 2024, challenges like antitrust regulation, AI and copyright issues, and platform bans persist.  

Collaboration is keypartnerships that thrive on synergy, shared values, and aligned goals are becoming increasingly essential.

Hence, the Malaysian Media Conference, in its 20th year, has assembled the partners and players under one roof on October 25 for a day of learning, sharing, and exploring.

 

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