Latest / The Front / Albo’s crackdown on Big Tech’s use of journalism

Transcript

Albo’s crackdown on Big Tech’s use of journalism · The Front

• 0:01
  Speaker 1: Today's biggest news from The Australian. Unclair Harvey with the
• 0:04
  Speaker 1: Front's afternoon Headlines. Anthony Albnizi says it's time for big
• 0:09
  Speaker 1: tech companies, including Google and Facebook to start properly paying
• 0:13
  Speaker 1: for their use of Australian news. It's been a year's
• 0:16
  Speaker 1: long battle to get the tech giants to pay for
• 0:19
  Speaker 1: the journalism they promote to users, and the platforms have
• 0:22
  Speaker 1: tried every which way to get out of paying, from
• 0:25
  Speaker 1: arguing that they're not publishers to deleting news content altogether.
• 0:29
  Speaker 1: The News Media Bargaining Incentive was created by the Morrison
• 0:33
  Speaker 1: Government and came into effect in twenty twenty one. It's
• 0:36
  Speaker 1: based on this simple premise. The arrival of tech giants
• 0:40
  Speaker 1: onto the Australian scene fundamentally changed the business model for
• 0:44
  Speaker 1: news publishers like The Australian by dramatically undercutting their main
• 0:49
  Speaker 1: source of revenue. In the olden days, just a couple
• 0:52
  Speaker 1: of decades ago, news publishers from television to radio and
• 0:56
  Speaker 1: newspapers made their money from advertisements. Companies selling products from
• 1:01
  Speaker 1: Toyota to your local butcher shop wanted to reach the
• 1:04
  Speaker 1: audience watching Channel seven News or reading the local paper,
• 1:08
  Speaker 1: so they paid to have their ads included alongside the news.
• 1:12
  Speaker 1: Google and Facebook came into the market and sold ads
• 1:15
  Speaker 1: for a tiny fraction of that cost. And remember news
• 1:19
  Speaker 1: is not cheap to make. You have to pay journalists, photographers,
• 1:23
  Speaker 1: camera operators, editors, printers, technicians, you get it. At the
• 1:27
  Speaker 1: same time, Australians began using social media networks to get
• 1:31
  Speaker 1: their news, so publishers like seven News and the local
• 1:35
  Speaker 1: paper had to be on Facebook, Instagram and TikTok in
• 1:38
  Speaker 1: order to have customers find their stories. But these very
• 1:42
  Speaker 1: same tech giants were hoovering up all the ad revenue.
• 1:46
  Speaker 1: And the tech giants want news content on their sites
• 1:49
  Speaker 1: because that gets users engaged and talking with their friends
• 1:53
  Speaker 1: or arguing with total strangers about the news of the day,
• 1:57
  Speaker 1: but they didn't want to pay for it. Solution was
• 2:00
  Speaker 1: the news media Bargaining Incentive, where the government told tech
• 2:03
  Speaker 1: giants strike a deal with the publishers whose news content
• 2:07
  Speaker 1: is on your platform, pay them a license fee and
• 2:09
  Speaker 1: you'll get a tax incentive in return. The threat was
• 2:13
  Speaker 1: that if tech companies refused to do deals with publishers,
• 2:16
  Speaker 1: the government could quote designate them, that is, force them
• 2:19
  Speaker 1: to pay a fee. A few deals were struck, then
• 2:22
  Speaker 1: they expired, and yet the government failed to designate any
• 2:26
  Speaker 1: of the platforms who were still arguing they shouldn't have
• 2:29
  Speaker 1: to do it at all. Now, Anthony Albanesi's released draft
• 2:33
  Speaker 1: laws that would up the stakes, imposing a fine on
• 2:37
  Speaker 1: companies that refused to strike deals with publishers. Then the
• 2:40
  Speaker 1: government would distribute that money to news organizations based on
• 2:43
  Speaker 1: their number of journalists.
• 2:45
  Speaker 2: We think that investment in journalism is critical to a
• 2:49
  Speaker 2: healthy democracy. It matters. It's something that defines the way
• 2:54
  Speaker 2: that Australian society operates. And frankly, if the work has
• 3:00
  Speaker 2: been done by the people here at this press conference
• 3:03
  Speaker 2: in other places right around Australia, then your work needs
• 3:09
  Speaker 2: to have a monetary value attached to it. It shouldn't
• 3:13
  Speaker 2: just be able to be taken by a large multinational
• 3:18
  Speaker 2: corporation and used to generate profits for that organization with
• 3:24
  Speaker 2: no compensation appropriate for the people who produce that creative content.
• 3:31
  Speaker 1: Alarms are sounding in the United Kingdom over the Orchast
• 3:33
  Speaker 1: Submarine Pact, with an influential parliamentary committee saying the whole
• 3:37
  Speaker 1: thing could be sunk before it even starts. The House
• 3:40
  Speaker 1: of Commons Defense Committee says in a new report there
• 3:43
  Speaker 1: have been leadership failures and a lack of investment by
• 3:46
  Speaker 1: the British government that could mean Britain can't deliver on
• 3:49
  Speaker 1: its commitment to build the first orcast class nuclear powered
• 3:53
  Speaker 1: sub in Britain before Australia starts building our own versions
• 3:57
  Speaker 1: in Adelaide. Check out those stories live right now at
• 4:03
  Speaker 1: the Australian dot com dot and come back to the
• 4:06
  Speaker 1: front first thing in the morning for our close look
• 4:09
  Speaker 1: at whether the United States security apparatus has failed in
• 4:12
  Speaker 1: allowing would be assassins to get within range of Donald
• 4:16
  Speaker 1: Trump on multiple occasions. Catch you right here Wednesday morning,