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The Guardian - AU
The Guardian - AU
Business
Josh Taylor

Meta says Facebook cannot solve media industry’s ‘issues’ as it defends ending payments for news in Australia

Meta Facebook Australia Google Instagram
An illustration image shows a phone screen with a Facebook logo and Australian newspapers
Meta says news is ‘highly substitutable’ and when there is less or no news on Facebook, people continue to use the site. Photograph: Lukas Coch/AAP

Meta has doubled down on its decision to end payments to news companies in Australia saying global tech companies cannot solve issues facing the news industry.

Nearly two weeks ago the parent company of Facebook and Instagram announced it would not enter into new deals with Australian media companies to pay for news, as the three-year contracts struck to avoid being regulated under the news media bargaining code begin to expire.

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