Business
After chat with Mark Zuckerberg from Facebook, Treasurer thinks deals under media code are ‘very close’ – ABC News
Media organisations such as News Corp, Nine Entertainment and the ABC are “very close” to a potential windfall from tech giants under major media reform, according…
Media organisations such as News Corp, Nine Entertainment and the ABC are “very close” to a potential windfall from tech giants under major media reform, according to Treasurer Josh Frydenberg.
Key points:
- The Treasurer spoke to top executives Mark Zuckberg from Facebook and Sundar Pichai from Google over the weekend
- The conversations were about new laws that would force tech companies to negotiate with media companies over how much to pay them for news content
- Google is opposed to the proposal and…
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