Australian tycoon to help small publishers strike deals with Google, Facebook
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Monday
January 30, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
MONDAY, JANUARY 30, 2023
Australian tycoon to help small publishers strike deals with Google, Facebook

World+Biz

Reuters
22 November, 2021, 11:05 am
Last modified: 22 November, 2021, 11:08 am

Related News

  • Search on for missing radioactive capsule in Australia
  • Thousands rally for 'Invasion Day' protests on Australia Day holiday
  • Meta says Trump to be allowed back on Facebook, Instagram
  • Australia Day 2023: The past, present and future of Australia-Bangladesh relations
  • Australia eyes strengthening defence cooperation with Bangladesh to promote 'inclusive' Indo-Pacific region

Australian tycoon to help small publishers strike deals with Google, Facebook

Forrest's extra clout as well as the differing approaches to small publishers by Google and Facebook could build momentum for the Australian government to intervene and set fees

Reuters
22 November, 2021, 11:05 am
Last modified: 22 November, 2021, 11:08 am
Google logo and Australian flag are displayed in this illustration taken, February 18, 2021. Photo :Reuters
Google logo and Australian flag are displayed in this illustration taken, February 18, 2021. Photo :Reuters

Australian small publishers will get a leg up in their fight to secure licensing deals with Google and Facebook after the country's richest person said his philanthropic organisation would seek a collective bargaining arrangement for them.

The Minderoo Foundation, owned by Andrew Forrest, chairman of iron ore miner Fortescue Metals Group, plans to help 18 small publishers by applying to the Australian Competition and Consumer Commission (ACCC) on their behalf so they can negotiate together without breaching competition laws.

The move was welcomed by publishers including the Star Observer, Australia's oldest LGBTQ title, which like some other small publishers did not get a deal with Facebook despite having secured a deal with Google.

Forrest's extra clout as well as the differing approaches to small publishers by Google and Facebook could build momentum for the Australian government to intervene and set fees.

Australia broke new ground with a law that has since March required the two tech giants to negotiate with Australian outlets for content that drives traffic and advertising to their websites.

But while most major news providers have secured deals, many small publishers have been left out in the cold, criticising Facebook in particular for its reluctance to take their calls.

Other publications that have secured deals with Google but not Facebook include TV broadcaster SBS, the main source of foreign language news, and the Conversation, which publishes public affairs commentary by academics.

The ACCC Chair Rod Sims has also on several occasions expressed concern about whether Facebook is approaching the law in the right spirit.

The law allows for Australia's government to set fees if negotiations between tech giants and news providers fail, but at present rejected companies have been left with little recourse as they wait for the government to review the law next March as planned.

The 18 small publishers being helped include online publications that attract multicultural audiences and focus on issues at a local or regional level, Emma McDonald, director of Frontier Technology, a Minderoo Foundation initiative, said in a statement.

Google reiterated that "talks are continuing with publishers of all sizes." Facebook said it "has long supported smaller independent publishers."

The foundation's move comes after ACCC late last month allowed a body representing 261 radio stations to negotiate a content deal.

australia / google / Facebook

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Despite downturn 3 dozen listed firms plan Tk7,500cr investment
    Despite downturn 3 dozen listed firms plan Tk7,500cr investment
  • Photo: BSS/AFP
    Bangladesh pledges to reduce corruption to get $4.5b IMF loan Tuesday
  • Mysterious resignation of SIBL chairman, addl MD
    Mysterious resignation of SIBL chairman, addl MD

MOST VIEWED

  • A woman on a mobility scooter drives past a mural praising the NHS (National Health Service) amidst the continuation of the coronavirus disease (COVID-19) pandemic, London, Britain, March 5, 2021. REUTERS/Toby Melville/File Photo
    Hundreds of thousands of UK healthcare workers balloted for strikes
  • FILE PHOTO: The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023. REUTERS/Amit Dave/File Photo
    Adani's nationalist rebuttal ignores accusations, says Hindenburg
  • Chief Executive of oil producer Rosneft Igor Sechin attends a meeting with Russian President Vladimir Putin at the Novo-Ogaryovo state residence outside Moscow, Russia February 15, 2021. Sputnik/Mikhail Klimentyev/Kremlin via REUTERS/File Photo
    Russia's Sechin says Taiwan will return to China 'on schedule'
  • Photo: Collected
    Food blogger who cooked and ate great white shark is fined $18,500
  • China's and U.S.' flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
    China says willing to communicate with US military but 'red lines' should be respected
  • Malaysia's newly appointed Prime Minister Anwar Ibrahim reacts as he deliver his speech during a gathering in Kuala Lumpur, Malaysia November 24, 2022.Vincent Thian/Pool via REUTERS
    Malaysia PM Anwar tells Goldman to pay up on 1MDB settlement

Related News

  • Search on for missing radioactive capsule in Australia
  • Thousands rally for 'Invasion Day' protests on Australia Day holiday
  • Meta says Trump to be allowed back on Facebook, Instagram
  • Australia Day 2023: The past, present and future of Australia-Bangladesh relations
  • Australia eyes strengthening defence cooperation with Bangladesh to promote 'inclusive' Indo-Pacific region

Features

Photo: Courtesy

The Hawkers: Where minimalism meets motifs

14h | Brands
TBS illustration

Where do Shariah-compliant mutual funds stand in Bangladesh

13h | Panorama
Sketch: TBS

A subsidy war without winners

13h | Panorama
Photo: Collected

Oppo Reno 8T first look revealed!

14h | Brands

More Videos from TBS

two more factories of the country got platinum certificate.

two more factories of the country got platinum certificate.

4h | TBS Today
Iconic villains of Bollywood

Iconic villains of Bollywood

5h | TBS Entertainment
General knowledge "Gravity"

General knowledge "Gravity"

3h | Videos
Will tanks turn the tide for Ukraine?

Will tanks turn the tide for Ukraine?

4h | TBS World

Most Read

1
Picture: Collected
Bangladesh

US Embassy condemns recent incidents of visa fraud

2
Illustration: TBS
Banking

16 banks at risk of capital shortfall if top 3 borrowers default

3
Bapex calls candidates for job test 9 years after advert!
Bangladesh

Bapex calls candidates for job test 9 years after advert!

4
Photo: Collected
Splash

Hansal Mehta responds as Twitter user calls him 'shameless' for making Faraaz

5
A frozen Beyond Burger plant-based patty. Photographer: AKIRA for Bloomberg Businessweek
Bloomberg Special

Fake meat was supposed to save the world. It became just another fad

6
Representational Image
Banking

Cash-strapped Islami, Al-Arafah and National turn to Sonali Bank for costly fund

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]