News Saviour or Platform Shakedown? Australia’s News Media Bargaining Code, Three Years On.
Early next year, Australia’s world-first news media bargaining turns 3, meaning that many of the deals Google and Meta have done with Australian news media businesses are about to expire. Worth well over $200m annually, these deals have prompted a host of other jurisdictions to follow suit. Yet critics argue the code is flawed, unfair and lacks transparency.
This ‘Year in Media Transition’ panel features ex-ACCC chair Rod Sims, who can fairly be described as the code’s architect, Columbia journalism scholar Anya Schiffrin, whose recent research has put a dollar figure on the value of news to digital platforms, and author and consultant Hal Crawford, whose international expertise stretches from newsrooms to startups. Together, they discuss the code and its impact, three years on and beyond.
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Alexia Giacomazzi, CMT Events and Communications Officer