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 has claimed it block local news in New Zealand if its 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.In a press release, Google New Zealand Country Director Caroline Rainsford claimed the Fair Digital News Bargaining Bill 'is not the right approach' for the sustainable future of news.
NewDespite Zealand'sbeing media bill, championed as a vital lifeline for struggling local news outlets, New Zealand's bill is justmerely a way to reap a potential windfall of tens of millions for media firms. ItA givescash grab giving ministers brazen power to decide which tech giants must pay up. This cash grab, despitethe faceslegislation skepticismcontinues andto uncertainbe efficacy, is being rammed through toparliament securedespite afacing paydaywidespread from global platformsskepticism.
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.