Facebook, Google need to pay for online news: New Zealand

The New Zealand government said it will introduce a law that will require big online digital companies such as Google and Facebook to pay New Zealand media companies for the local online news content that appears on their feeds.
Google developersMinister of Broadcasting Willie Jackson said in a news statement on Sunday that the legislation will be modelled on similar laws in Australia and Canada and he hoped it would act as an incentive for the digital platforms to reach deals with local news outlets.

“New Zealand news media, particularly small regional and community newspapers, are struggling to remain financially viable as more advertising moves online,” Willie Jackson said. “It is critical that those benefiting from their news content actually pay for it.”

The new legislation will go to a vote in parliament where the governing Labour Party’s majority is expected to pass it, Reuters news report said.

Australia has introduced a law in 2021 that gave the government power to make internet companies negotiate content supply deals with media outlets. A review released by the Australian government last week found it largely worked.