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> The initiative has been strongly pushed by Australia’s two biggest media companies, Rupert Murdoch’s News Corp and Nine Entertainment. These two companies ar
by thundergolfer 6y ago
> The initiative has been strongly pushed by Australia’s two biggest media companies, Rupert Murdoch’s News Corp and Nine Entertainment.
These two companies are scum, and the fact that this proposal was taken seriously by the Australian government is embarrassing. Murdoch's News Corp already interfered with the country's internet infrastructure plans in order to protect its profits from cable television; this is just another attempt to stem the bleeding.
If Facebook wasn't so effective a platform for Fox News, The Daily Wire, and Breitbart, I'd genuinely celebrate their role in strangling News Corp.
- nugget 6y agoThis law would establish de facto unit economics for some to-be-defined unit of news/content consumption. Clever entrepreneurs could then scale up new properties focused on the optimization of whatever that unit is, with much lower overhead/content production costs than traditional media companies. An unintended and potentially quite painful consequence follows for the two named incumbents: tremendous amounts of new, nimble, well-funded competition. Be careful what you wish for.
- chii 6y agoFacebook's effectiveness is neutral to the side of politics it pushes unfortunately. It's just that some people are not beneath using facebook to push an agenda.
- adrianN 6y agoIt's not so surprising that Australia's government listens to what Murdoch wants. After all Murdoch played an important role in their election.