DFM ---ADX ---
46mAl Ansari Financial Services Shows Resilience Amid Market FluctuationsBusiness
1hAmanat Holdings Sees Strong H1 GrowthBusiness
1hIraq’s Stock Market Defies Regional Trends with Banking-Led GrowthBusiness
1hShein Loses Copyright Battle Against Temu in UK CourtBusiness
1hReal Estate Developers Boost Digital Infrastructure to Support Global GrowthBusiness
1hFed’s Shift to Less Transparency Risks Market StabilityBusiness
1hCrude Oil Prices Dip Amid Demand Fears and Rising U.S. InventoriesBusiness
1hAD Ports Group Hits Record Profits Amid Major ExpansionBusiness
1hDubai’s Proptech Evolution: Empowering the Modern BrokerBusiness
1hThe Rapid Rise of Autonomous AI: Why Governance is Falling BehindBusiness
1hEFG Holding’s Revenue Grows 7% Amid Diversified Portfolio StrategyBusiness
1hJulphar Reports Robust Growth and Profitability for H1 2026Business
1hAustralia Overhauls Media Laws to Boost Tech Funding for Local OutletsBusiness
1ddu Secures Spot in MSCI Emerging Markets IndexBusiness
1dDP World Sees Revenue Climb as Global Logistics Network ExpandsBusiness
1dIndependence Day Security Alert: Travelers Advised to Reach Indian Airports EarlyBusiness
1dN. Chandrasekaran to Step Down as Tata Sons Chairman Amid Internal FrictionBusiness
1dDubai Tenants May Soon Pay Annual Rent in Monthly InstallmentsBusiness
1dBank of America Strengthens India Footprint with Major Jio Credit StakeBusiness
1dThe Tug-of-War: Why Oil Prices Are Caught in a Geopolitical StandoffBusiness
1dNew Music Licensing Fees for UAE Businesses Set for 2026Business
1dEtihad Rail to Transform Fujairah Real Estate LandscapeBusiness
1dSharjah Airport Wraps Up Successful Summer Program for Young TravelersBusiness
1dUAE Extends e& and du Telecom Licenses for Two More DecadesBusiness
2dGCC Insurers Remain Resilient Amid Regional TensionsBusiness

Australia Overhauls Media Laws to Boost Tech Funding for Local Outlets

Fri, Aug 14, 2026(1h ago)Business

The Australian government is set to introduce updated media licensing legislation aimed at compelling large technology companies to strike more financial agreements with domestic news organizations. Under the proposed framework, digital platforms—including newcomers like TikTok and LinkedIn—will be required to establish deals with a minimum of eight media outlets, an increase from the previously mandated six. By broadening the scope of these requirements, the government intends to ensure that advertising revenue generated by user engagement on these platforms is more equitably distributed across a diverse range of local journalism providers.

As part of this revamped strategy, 5% of the total funds raised will be earmarked specifically for the Australian Associated Press (AAP). This non-profit newswire, which provides critical reporting and multimedia content to outlets nationwide, is being prioritized to safeguard public-interest journalism following its near-collapse in 2020. The updated regulations also include a fiscal cap, limiting any single deal to 25% of a platform’s total levy liability. These changes represent a significant effort by Canberra to sustain the local news ecosystem and hold major tech giants accountable for the content that drives their commercial success.

Comments0
No comments yet. Be the first to share your thoughts.