Govt says no more money for media as 'big tech' media bill unveiled

Govt says no more money for media as 'big tech' media bill unveiled
Willie Jackson has been backing a media bill for sometime. (Image: NZME)
Daniel Dunkley
The government says it is no longer “desirable” for it to fund news publishers due to the risk of undermining trust in the media.The comment was made as ministers released the Fair Digital News Bargaining Bill, new legislation to compel technology platforms to pay for hosting news content.Government ministers believe the new bill will help to address the financial crisis facing the news media by forcing technology firms such as Meta and Google to pay for news links.The bill, published this afternoon before its introduction to parlia...

More Policy

The RBNZ looks to have one more hike up its sleeve
Economy

The RBNZ looks to have one more hike up its sleeve

There is a 75% chance of another 25 basis point rate hike. 

RBNZ stays on hold at 5.5%, strikes more hawkish tone
Economy

RBNZ stays on hold at 5.5%, strikes more hawkish tone

The move was expected but the higher track is a surprise. 

Rebecca Howard 29 Nov 2023
RBNZ stays on hold at 5.5%, strikes more hawkish tone
Economy

RBNZ stays on hold at 5.5%, strikes more hawkish tone

The move was widely expected by the market. 

Rebecca Howard 29 Nov 2023