News Media Bargaining Code should become law, concludes senate committee
February 12, 2021 3:56
The News Media Bargaining Code bill should be passed, “despite the concerns raised”, the senate economics legislation committee has concluded in a report released this afternoon.
“The committee is confident that the bill will deliver on its intended outcomes. Its provisions will provide the basis for a more equitable relationship between the media and Google/Facebook and, through this, help safeguard public interest journalism in Australia,” stated the report. “Accordingly, the committee recommends that the bill be passed.”
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The bill will now progress to a vote in the Senate as soon as next week, and if passed would become a world-first piece of legislation binding the digital platforms to negotiate with publishers, and progress to arbitration if the parties cannot agree on a price for news.
Australian tech entrepreneur Bevan Slattery wants to build a new $1.5bn digital superhighway, boasting speeds 10 billion times faster than NBN s top offering and providing a safe geopolitical communications channel for local and global businesses. Dubbed HyperOne, the proposed hyperscale 10,000-terabits-a-second network, includes laying optical fibre in the ground across 20,000km, connecting capital cities in every state and territory for the first time. The network will be designed for use by businesses that need heavy data movement, for instance major cloud and data services providers such as Amazon, Google and Facebook, but also telcos, defence companies and other satellite businesses. It also will provide transmission to local distribution networks such as the National Broadband Network and mobile operators.
Australian tech entrepreneur Bevan Slattery wants to build a new $1.5bn digital superhighway, boasting speeds 10 billion times faster than NBN s top offering and providing a safe geopolitical communications channel for local and global businesses. Dubbed HyperOne, the proposed hyperscale 10,000-terabits-a-second network, includes laying optical fibre in the ground across 20,000km, connecting capital cities in every state and territory for the first time. The network will be designed for use by businesses that need heavy data movement, for instance major cloud and data services providers such as Amazon, Google and Facebook, but also telcos, defence companies and other satellite businesses. It also will provide transmission to local distribution networks such as the National Broadband Network and mobile operators.