SYDNEY : Facebook Inc has told Australian publishers it has stopped negotiating licencing deals, an email to the industry seen by Reuters showed, a move which came just six months after the passing of a law designed to make tech giants pay for news content.
"This outcome is at odds with the Government's intention of supporting public interest journalism, and in particular including the public service broadcasters in the Code framework with respect to remuneration," an SBS spokesperson said in a statement on Wednesday. The U.S. social media giant has inked deals with a range of Australian big media companies including News Corp to the Australian Broadcasting Corp and has a collective bargaining arrangement with rural publishers. But only a handful of independent and smaller publishers have reached deals.
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