Australian billionaire Andrew Forrest's foundation will help small news publishers negotiate a deal that would require Google and Facebook to pay for their use of content
Australian billionaire Andrew Forrest has announced that his philanthropic organisation will help 18 small news publishers to negotiate collectively with Google and Facebook to secure licensing deals for the supply of news content.
The Australian Competition and Consumer Commission , allowing the publishers to bargain without breaching competition laws. Both companies have since struck licensing deals with most of Australia's main media companies but they have not entered into agreements with many small firms. The federal government is scheduled to begin a review of the law's effectiveness in March. Frontier Technology, an initiative of Minderoo, said it would assist the publishers.
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