Social media companies shouldn’t ‘ride free’ on the backs of traditional media, Albanese says

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PM’s comments raise expectation of levy on Meta and social media firms amid stoush over paying for news content

The Albanese government will imminently announce a decision on whether to require Meta, the company that owns Facebook and Instagram, to pay for news.The Albanese government will imminently announce a decision on whether to require Meta, the company that owns Facebook and Instagram, to pay for news.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup But in March Meta announced it would not renew its funding deals, prompting fears of a drawn-out fight with the Australian government, including the possibility ofAsked on Thursday if social media companies would be designated or a levy would be the simplest solution, Albanese said: “Well, we’re looking at those issues.“That they shouldn’t be able to, essentially, harvest the work of news organisations that pay their journalists to do work, that should be valued.

“But journalism is important in this country. It is important we value it and important that people not, essentially, ride free on what costs others to employ news media.”

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