Original article by Josh Butler, Amanda Meade
The Guardian Australia – Page: Online : 23-Oct-24

Seven West Media and Nine Entertainment have rejected a parliamentary committee’s recommendation to impose a ‘digital platform levy’ on big technology companies such as Google and Meta. The two media groups contend that rather than introducing a so-called ‘tech tax’, the federal government should use the existing provisions of the news media bargaining code to ‘designate’ such companies. Meta contends that the committee’s report ignores the realities of how its social media platforms work and the value they provide to news publishers.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, META PLATFORMS INCORPORATED, GOOGLE INCORPORATED