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Facebook, Google and TikTok to fund Australian journalism under new tax plan

5 pointsby adrian_mrd5 months ago

1 comment

bigfatkitten5 months ago
&gt; While this proposal will dull that threat by making Meta pay whether it hosts news or not, the government is also conscious of avoiding more drastic actions such as the company withdrawing from Australia entirely<p>This would be an excellent outcome for everyone. Well, everyone except politicians, and the rentseekers in the media industry who fail to run viable businesses. They&#x27;ll need to go somewhere else for a handout.