Albo Responds To Meta: “Not the Australian way”

Albo Responds To Meta: “Not the Australian way”

Australian Prime Minister Anthony Albanese said Meta’s decision to stop paying for Australian news is “not the Australian way” and that he is “very concerned” about the announcement.

Meta today confirmed it will walk away from funding Aussie journalism once the current content deals expire in what is a significant blow to Australia’s largest publishers.

Done with funding news, Facebook’s parent company will not enter negotiations with Australian media companies to pay for the news that appears on its platforms.

Speaking to The Australian, Albanese said: “We’re very concerned with this announcement … “It is absolutely critical that media is able to function and be properly funded.”

“We will consider what options we have available and we will talk to the media companies as well.

“The idea that one company can profit from others’ investment, not just investment in capital but investment in people, investment in journalism is unfair. That’s not the Australian way.”

Senior people in the media, including News Corp’s Michael Miller, have already called on the government to step in.

“Meta is using its immense market power to refuse to negotiate, and the government is right to explore every option for how the Media Bargaining Code’s powers can be used,” he said.

“Meta is attempting to mislead Australians by saying its decision is about the closure of its news tab product, however the vast majority of news on Facebook and Meta is, and will continue, to be consumed outside this product. Meta’s decision will directly impact the viability of Australia’s many small and regional publishers and this is a pressing issue for the government to confront.

“We will work in any way we can to assist the processes the government is putting in place”.

Miller’s views were echoed by Nine boss Mike Sneesby, whose publications include the Australian Financial Review, Sydney Morning Herald and The Age.

“We welcome the government’s comments that recognise Meta has acted unreasonably and support its commitment to seek a fair outcome for Australian news media. We will work closely and constructively with the government and the relevant regulators to achieve this,” Sneesby said. 

“We will continue to robustly advocate that these deals are in the national interest and the arguments that led to the code in the first place remain as strong as ever.”




Please login with linkedin to comment

Meta

Latest News

QMS Nabs Sean Rigby From oOh!media
  • Media

QMS Nabs Sean Rigby From oOh!media

QMS has today announced the appointment of Sean Rigby as national trading and partnerships director. Rigby departed oOh!media as group revenue director earlier this year and will replace the role left by former general manager – trading, John Glynn. He will join QMS in quarter four 2024 and will be based in Sydney. With over […]

Bumble Reveals New Brand Identity To Usher In New Era Of Dating
  • Campaigns

Bumble Reveals New Brand Identity To Usher In New Era Of Dating

Today, women-first dating app Bumble unveiled a refreshed visual identity and a new global campaign, underscoring the company’s continued commitment to making dating better for women. The campaign coincides with the dating app expanding upon its signature Make The First Move functionality with the launch of Opening Moves. After a decade of revolutionising the way […]

Stay In The House From Up! Airbnb Introduces Icons
  • Campaigns

Stay In The House From Up! Airbnb Introduces Icons

Experiential marketing is going from strength to strength as brands seek to connect with consumers in a world overflowing with content. Today Airbnb is taking this trend one step further with the launch of Icons, a new category of extraordinary experiences hosted by the greatest names in music, film, television, art, sport, and more. Icons let […]

Changing The Conversation: The Role Of Media In Ending Violence Against Women
  • Media

Changing The Conversation: The Role Of Media In Ending Violence Against Women

It’s flooded our screens for weeks now, the faces and names of the countless women killed and the hands of a partner or man known to them this year alone. Latest reports suggest a 30% spike in the rate of Australian women killed by intimate partners last year. It’s an epidemic, and despite the nearly […]

Spotlight On Sponsors: Ferrari Signs Landmark New Title Sponsor
  • Marketing

Spotlight On Sponsors: Ferrari Signs Landmark New Title Sponsor

Ferrari has signed a landmark deal with HP ahead of this weekend’s Miami Grand Prix. Meanwhile, the Cronulla Sharks are prioritising mental health this weekend with their inaugural GotchaForLife Mental Fitness Round. Welcome back to B&T’s Spotlight on Sponsors series, where we break down all the major sponsorship news from inside the sporting world. B&T unpacks all […]

History Has Arrived: It’s The Cairns Crocodiles Inaugural Shortlist
  • Advertising

History Has Arrived: It’s The Cairns Crocodiles Inaugural Shortlist

Like the second coming of Christ, The Cairns Crocodile Awards presented by Pinterest has been at the top of the advertising, marketing and media industry’s collective mind since we announced it back in 2023. Now, we’re but one more step away from crowning the very first round of winners with this the revealing of the […]

by B&T Magazine

B&T Magazine
Choose A Path Less Trodden This Cannes In Cairns
  • B&T Exclusive

Choose A Path Less Trodden This Cannes In Cairns

Don’t be basic. Think creatively and you shall reap the benefits of Cannes in Cairns. “We want brands!” “We want the CMOs!” We heard you and we acted. The content slate at this year’s Cannes in Cairns, presented by Pinterest, is packed to the rafters with some epic brands and top marketing talent. But that’s […]

Cannes In Cairns MC Keeva Stratton Shares Her Top Session Picks
  • B&T Exclusive

Cannes In Cairns MC Keeva Stratton Shares Her Top Session Picks

Self-professed nerd and one of four top Cannes in Cairns, presented by Pinterest MCs, Keeva Stratton has a front-row seat to some fascinating minds and fierce debates. But who should you put on your must-see, must-hear list? Here, B&T grabs five with the Quip agency founder, who will be helming the lecture in the Rainforest […]

Nielsen Data Reveals Brands Spending Big To Attract Aussie Tourists
  • Advertising

Nielsen Data Reveals Brands Spending Big To Attract Aussie Tourists

Nielsen Ad Intel data has revealed that the travel and tourism industry spent more than $153 million on advertising in Australia in Q1, 2024 – an increase of 8 per cent from the previous quarter, with TripADeal the biggest spender, followed by Virgin Australia, then the Flight Centre-owned Ignite Travel. As many Australians return from […]