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Outcome of Meta and Google's compliance with Australia's revenue-sharing scheme by 2025
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Resolution / Starting Odds
Both comply • 25%
Only Meta complies • 25%
Only Google complies • 25%
Neither complies • 25%
Official announcements from Meta, Google, or the Australian government
Story
Australia to Tax Meta, Google in 2025 if They Fail to Pay for News Content
Dec 12, 2024, 10:22 AM
The Australian government has introduced a new scheme that will compel tech giants like Meta and Google to compensate local news media organizations for content shared on their platforms. If these companies do not agree to revenue-sharing deals with Australian media, they will face substantial taxes. This initiative, set to take effect in 2025, targets digital platforms with revenues exceeding $250 million, aiming to ensure that news publishers are fairly compensated for their content. The move comes after Meta withdrew from a previous agreement, prompting the government to seek a more robust solution to support the journalism industry.
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All comply • 25%
Some comply • 25%
None comply • 25%
Legal challenges • 25%
Increase • 25%
No change • 25%
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Decrease 10% or more • 25%
Full compliance • 25%
Partial compliance • 25%
Legal challenge • 25%
Non-compliance • 25%
Meta agrees to pay • 25%
Google agrees to pay • 25%
Both agree to pay • 25%
Neither agrees to pay • 25%
Less than 50% • 25%
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76% to 90% • 25%
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Yes • 50%
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Meta • 25%
Google • 25%
Amazon • 25%
Other • 25%
Implement opt-out option • 25%
Stop data scraping in Australia • 25%
Increase transparency without opt-out • 25%
Other • 25%