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Big tech urged to pay news publishers $14 billion

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A recent study conducted by media analysts has suggested that tech giants Google and Meta should allocate a minimum of $14 billion annually to compensate news publishers.

The study highlights the growing concern over the economic disparities between these platforms and the traditional news industry.

According to the study, Google and Meta have seen their ad revenues soar in recent years, largely due to the vast amount of news content shared and discussed on their platforms.

However, news publishers have struggled to monetize their content adequately, leading to a significant imbalance in the digital advertising ecosystem. This has raised questions about the fairness of the arrangement and its impact on the sustainability of journalism.

The debate surrounding this issue has gained momentum as news organizations continue to grapple with declining revenues and the challenges posed by the digital age.

Advocates for news publishers argue that a more equitable distribution of ad revenue is essential to support quality journalism, while critics contend that it may hinder the free flow of information on the internet.

In response to the study’s findings, regulatory bodies and policymakers are expected to consider potential measures to address this issue.

The discussions will likely revolve around the idea of imposing a mandatory payment system, similar to those in place in some European countries, where tech platforms are required to compensate news publishers for using their content.

The outcome of these deliberations could have far-reaching implications for the future of online journalism and the relationship between tech giants and the news industry.

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Why Australia is becoming the new home of the Hollywood blockbuster

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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