Australia’s competition regulator, the ACCC, has estimated that Google and Facebook together earn some A$6 billion (US$4 billion) a year from advertising in the country.
Leading news publishers have demanded the two companies pay at least 10% of that money each year to local news organizations.
News organizations want ten percent of FB and Goog's advertising revenue? I guess I do too but this concept is facially absurd.
Leading news publishers have demanded the two companies pay at least 10% of that money each year to local news organizations.
News organizations want ten percent of FB and Goog's advertising revenue? I guess I do too but this concept is facially absurd.