SOCIAL MEDIA – AUSTRALIA

News key for tech titans: so pay up

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Original article by Leo Shanahan, David Swan
The Australian – Page: 2 : 20-May-20

The Australian Competition & Consumer Commission has released a ‘concepts paper’ on the proposed mandatory revenue-sharing code of conduct for digital companies. ACCC chairman Rod Sims says the revenue from placing advertisements adjacent to news stories is clearly a direct benefit for Google and Facebook. However, he adds that the indirect value of having news on their platform is a much bigger benefit for them. Sims says a number of payment models could be considered, noting that implementing a per-click model could be difficult.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

News says $600m from tech giants not enough

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Original article by Max Mason
The Australian Financial Review – Page: 20 : 15-May-20

News Corp Australasia executive chairman Michael Miller agrees with Nine Entertainment chairman Peter Costello that Facebook and Google must pay for news content. However, Miller says the amount they should pay is probably much higher than the $600m a year that Costello has suggested; he notes that former senator Nick Xenophon has proposed that digital platforms pay $1bn a year. Miller adds that getting the digital platforms’ mandatory revenue-sharing code of conduct right is the first thing to do.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Nine wants tech giants to pay $600m to media

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Original article by Max Mason, John Kehoe
The Australian Financial Review – Page: 13 & 18 : 14-May-20

The Australian Competition & Consumer Commission’s digital platforms inquiry concluded that Facebook and Google accounted for about $6bn of online advertising revenue in Australia in 2018. Nine Entertainment chairman Peter Costello says that based on this figure, Facebook and Google derive about 10 per cent of their annual revenue from news content. As a result, he believes that they should pay about $600m a year into a fund for Australian news publishers. Costello adds that other countries may adopt Australia’s policy of a mandatory revenue-sharing code of conduct if it proves to be effective.

CORPORATES
NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Google MD caught off-guard by moving media goalposts

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Original article by Paul Smith
The Australian Financial Review – Page: 19 & 22 : 28-Apr-20

The Australian Competition & Consumer Commission will implement a mandatory revenue-sharing code of conduct for digital companies by July, after the federal government scrapped plans for a voluntary code. Google’s Australian MD Melanie Silva has rejected claims that it was "dragging its feet" in negotiations for a voluntary code, and that it will co-operate fully with the ACCC in developing the mandatory code. It has been suggested that news publishers could receive hundreds of millions of dollars in extra revenue under the code.

CORPORATES
AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE AUSTRALIA PTY LTD, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

Cambridge Analytica scandal: Watchdog given green light to pursue Facebook

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Original article by Leo Shanahan
The Australian – Page: Online : 24-Apr-20

The Federal Court has given the Australian Information & Privacy Commissioner the go-ahead to serve legal documents on Facebook Incorporated and Facebook Ireland. The Information Commissioner is targeting Facebook over claims that the personal data of more than 300,000 Australians was breached as part of the Cambridge Analytica scandal. Facebook is facing possible fines of over $1 billion under Australian privacy laws; it has already been fined $5 billion by US regulators.

CORPORATES
FACEBOOK INCORPORATED, FACEBOOK IRELAND, CAMBRIDGE ANALYTICA LLC, FEDERAL COURT OF AUSTRALIA, AUSTRALIA. OFFICE OF THE AUSTRALIAN INFORMATION COMMISSIONER

US keeps eye on Australia’s big tech rules

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Original article by Jacob Greber
The Australian Financial Review – Page: 10 : 23-Apr-20

The US media industry has welcomed the Australian government’s move to require technology companies to pay news publishers for their content. Digital Content Next CEO Jason Kint says the mandatory code of conduct shows that the government recognises the significance of the problem and its impact on traditional media companies. News Media Alliance CEO David Chavern adds that there is growing concern across the political spectrum regarding the impact of digital platforms. The US Congress is also monitoring efforts in Australia and elsewhere to reign in the digital giants.

CORPORATES
DIGITAL CONTENT NEXT, NEWS MEDIA ALLIANCE, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

ABC in the frame for tech giant payments

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Original article by Paul Smith
The Australian Financial Review – Page: 8 : 22-Apr-20

Australian Competition & Consumer Commission chairman Rod Sims says that all media companies should be included in the revenue-sharing deal with Google and Facebook. This could potentially include the taxpayer-funded ABC, and Sims notes that the media sector will be in a weaker bargaining position if the public broadcaster is not involved. Meanwhile, the Victorian government will support regional journalism by spending $4.7m on advertising with non-metropolitan news outlets over the next six months.

CORPORATES
GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN BROADCASTING CORPORATION, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS

No dirty tactics, ACCC tells tech giants

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Original article by Leo Shanahan
The Australian – Page: 1 & 8 : 21-Apr-20

Australian Competition & Consumer Commission chairman Rod Sims has warned that technology companies will face significant financial penalties if they fail to comply with the mandatory code of conduct. He adds that 8-14 per cent of Google’s search results include news stories, so the company is unlikely to block such content in response to the federal government’s decision to make digital platforms pay news publishers for their content. The ACCC has been given responsibility for developing the payment model.

CORPORATES
GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIA. DEPT OF THE TREASURY

Big tech made to pay for news

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Original article by Max Mason
The Australian Financial Review – Page: 1 & 6 : 20-Apr-20

The Australian Competition & Consumer Commission has been directed to set up a mandatory code of conduct under which Google and Facebook will be required to pay news publishers for using their content. Treasurer Josh Frydenberg says it is only reasonable that those who create content are rewarded for it. Facebook and Google had initially been directed to set up a voluntary code of conduct for content payment by November, but the two technology companies had been accused by media firms of not genuinely engaging in negotiations on the issue. Nine Entertainment CEO Hugh Marks has praised the government for taking "taking swift and decisive action" on the issue.

CORPORATES
FACEBOOK INCORPORATED, GOOGLE INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIA. DEPT OF THE TREASURY, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC

Facebook and YouTube strong across all Generations but Pinterest, Instagram and TikTok have important user bases

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Original article by Roy Morgan
Market Research Update – Page: Online : 17-Apr-20

The latest research from Roy Morgan shows that Facebook is the most popular Social Network across several generations of Australians. Facebook is used by 65% of Pre-Boomers (born pre-1946), 86% of Baby Boomers (1946-1960), 87% of Gen X (1961-1975) and 90% of Millennials (1976-1990). Video streaming site YouTube is the most popular Social Network for the two youngest Generations, used by 91% of Gen Z (1976-1990) and 72% of Generation Alpha (2006-). However, beneath these two market leaders differences in preferences really stand out. Photo-sharing site Pinterest is the third most popular Social Network for both Pre-Boomers (used by 20%) and Baby Boomers (32%), while Instagram is the third most popular choice for Gen X (40%), Millennials (61%), Gen Z (69%) and Generation Alpha (19%). Meanwhile, new short-video site TikTok is now the second-most popular Social Network for Generation Alpha (21%). These results are based on in-depth Roy Morgan Single Source interviews with more than 25,000 Australians aged 14+ over the 6 months to February 2020 and over 1,000 interviews with Young Australians aged 6-13 years old during the six months to December 2019.

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ROY MORGAN LIMITED, FACEBOOK INCORPORATED, YOUTUBE INCORPORATED, PINTEREST, INSTAGRAM LLC, TIKTOK