New Zealand: Google Says Will Block Local News if Forced to Pay
The Facts
Google has threatened to block local news out for New Zealanders if their government proceeds with a new legislation that would force it to pay publishers for news.
Google New Zealand Country Director Caroline Rainsford said the Fair Digital News Bargaining Bill wasn't the right approach for news' sustainable future.
The Spin
New Zealand's media bill, championed as a vital lifeline for struggling local news outlets, is just a way to reap a potential windfall of tens of millions for media firms. It gives ministers brazen power to decide which tech giants must pay up. This cash grab, despite faces skepticism and uncertain efficacy, is being rammed through to secure a payday from global platforms.
The Fair Digital News Bargaining Bill could potentially revolutionize New Zealand's media landscape. It would compel tech giants like Google and Meta to negotiate fair compensation for using local news content. It addresses a glaring market distortion where these behemoths profit from quality local journalism without adequate remuneration. With the rise of AI further complicating the issue, the bill aims to rebalance the digital ecosystem, potentially injecting much-needed funds into struggling newsrooms.
