In Australia, Google makes publisher deals
CANBERRA, Australia — Google is striking deals in Australia to pay for journalism but Facebook is vowing to restrict news sharing as Australian lawmakers consider forcing digital giants into payment agreements.
Rupert Murdoch' s News Corp. announced a wide-ranging deal with Google Wednesday. Major Australian media organization Seven West Media reached a deal earlier, its rival Nine Entertainment is reportedly close to its own pa ct and Australian Broadcasting Corp. is in negotiations.
But Facebook said it “will restrict publishers and people in Australia from sharing or viewing Australian and international news content.” The dominant social network blamed Australia's proposed law for its decision, and said the law “fundamentally misunderstands the relationship between our platform and publishers who use it.”
Google is rushing to negotiate generous deal s with big and small Australian media companies.
News Corp. said it would receive“significant payments” from Google in the three-year agreement, which includes heavyweight news organizations throughout the English-speaking world, such as the Wall Street Journal and New York Post in the U.S., the Times and the Sun in the U.K., and the Australian and Sky News in Australia. The deal spans audio and video and News Corp. will also get an ad revenue share from Google.
News Corp. CEO Robert Thomson thanked Australian officials in a statement, saying they“have stood firm for their country and for journalism.”
Australia' s Treasurer Josh Frydenberg confirmed earlier Wednesday that state-owned Australian Broadcasting Corp. is also in negotiations and plans to spend any Google revenue on regional journalism.
“There are negotiations going on with all the major players and the minor players at the moment,” Frydenberg said.