News Media

Australia’s ‘News Bailout’ Is a Cartel Disguised as a Law. Here’s Why It Will Backfire.

Australia’s new law forcing tech giants to pay for news sounds noble but will backfire. Platforms control distribution, so they’ll delist smaller outlets rather than pay. The law enriches legacy monopolies, kills independent journalism, and repeats Canada’s 2023 mistake. A critical lesson for future AI and platform regulation.

Australia’s ‘Saving Journalism’ Tax Is a Death Sentence for Local News

Australia’s new levy on tech giants for failing to pay for news isn’t a lifeline for local journalismโ€”it’s a death sentence. The policy will push platforms to drop news entirely, accelerating the very decline it aims to stop. The real solution isn’t a tax; it’s a complete rethink of how we fund local news.