Tech Giants Pay Up for News | Sydney News

The government’s controversial plan to make big tech giants pay news outlets for content is back on track after a last-minute U-turn. Originally set to funnel $250 million into media, a rule change had slashed the max payout per outlet from 25% to 17%, sparking outrage from major players like Nine and News Corp—who argued it undervalued journalism. Prime Minister Albanese brokered a bipartisan deal to restore the original 25% cap, while also quietly guaranteeing the Australian Associated Press a 5% slice. With legislation poised to pass, pressure mounts on Meta and Google to negotiate—highlighting the high-stakes clash between digital platforms and traditional media over who pays for the news. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6ece2564e020ecd0