Social media companies shouldn’t ‘ride free’ on the backs of traditional media, Albanese says
by Paul Karp Chief political correspondent and Catie from World news | The Guardian on (#6PTFN)
PM's comments raise expectation of levy on Meta and social media firms amid stoush over paying for news content
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Social media companies shouldn't essentially ride free" on the backs of traditional media, Anthony Albanese has said, when asked about the possibility of a levy after Meta's decision to not renew media funding deals.
The prime minister's comments raise expectations Labor will intervene to secure the revenue base of cash-strapped traditional media companies, which have lobbied for help due to losing funding from social media and the government's intention to ban gambling ads online and apply caps to them on television.
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