Meta to Stop Paying News Publishers in Australia

SOURCE www.nbcnews.com
Meta, the parent company of Facebook, announced that it will stop paying news publishers in Australia, France, and Germany, drawing criticism from Australian government officials who argue that this move threatens the revenue of news outlets. The decision is seen as a dereliction of commitment to the sustainability of Australian news media.

Key Points

  • Meta plans to stop paying news publishers in Australia, France, and Germany
  • Australian government officials criticize Meta's move, calling it a dereliction of commitment to the sustainability of Australian news media
  • Meta's decision comes after the company significantly scaled back the promotion of news and political content on its platforms

Cons

  • Threatens the revenue of news outlets
  • Government officials criticize Meta's decision