Minderoo Foundation assists publishers to collectively bargain with Facebook and Google
Minderoo Foundation, a philanthropic organisation founded by Fortescue Metals Group chair Andrew Forrest, is assisting a group of news businesses to collectively bargain with both Meta (formerly Facebook) and Google’s parent company Alphabet Inc by applying to the Australian Competition and Consumer Commission (ACCC) on their behalf to do so.
The list of news businesses for both the collective bargaining applications are Time Out, Australian Chinese Daily, Australian Rural & Regional News, Cosmos Magazine, The Greek Herald, The Australian Jewish News, Out in Perth, Australian Property Journal, Naracoote News, Yanchep News Online, Pro Bono Australia, Hills to Hawkesbury Community News, Renew Economy, Q News, Primer, and Acquis Data.
For the bargaining with Meta, two additional news businesses in the group are City Hub Sydney and Star Observer.
The primary purpose of the groups are, according to the notice to the ACCC, “to reach agreements for renumeration for news content on digital platform services” on Meta and Google’s respective platforms. The Alphabet notice excludes YouTube.
The collective bargaining aims to allows small business to negotiate as a group without breaching competition laws.
Other news organisations that have collectively bargained with Meta and Google, following authorisation from the ACCC, include Commercial Radio Australia (CRA) and the Country Press Association (CPA).
Nine, News Corp, Seven West Media, Australian Community Media (ACM) and The Guardian have signed commercial deals with Google and Meta. ABC has signed a deal with Google in November and has a letter of intent with Facebook.
Forrest, also known as “Twiggy”, who was named Australia’s richest man in the 2021 Financial Review’s Rich List, worth $27.25 billion.
The Minderoo Foundation also recently partnered with NRMA Insurance to found the Australian Resilience Corps – a national network of volunteers trained to help prepare and protect Australians against natural disasters and extreme weather.
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topics
Acquis Data
Alphabet
Andrew Forrest
Australian Chinese Daily
Australian Property Journal
Australian Rural & Regional News
City Hub Sydney
Cosmos Magazine
Facebook
Google
Hills to Hawkesbury Community News
Meta
Minderoo Foundation
Naracoote News
Out in Perth
Primer
Pro Bono Australia
Q News
Renew Economy
Star Observer
The Australian Jewish News
The Greek Herald
Time Out
Yanchep News Online
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