CANBERRA, ACT, April 28 -- The Prime Minister of Australia issued the following media release:
The Albanese Government is taking the next step to ensure Australian journalism is sustainable now and into the future.
Draft legislation to establish a News Bargaining Incentive (NBI) is now available for consultation.
The proposed legislation addresses a limitation in the long-standing News Media Bargaining Code which allows digital platforms to avoid their obligations by removing news from their service.
Under the Incentive, digital platforms operating significant social media or search services are encouraged to do commercial deals with eligible news publishers as the preferred model, with generous offsets provided to reduce their liabilit...