Australia’s Seven West Media signs Google, Facebook deals after media law feud
By Byron Kaye
SYDNEY (Reuters) -Australian television and newspaper company Seven West Media Ltd signed multi-year content material materials deals with Facebook Inc and Google as highly effective new media authorized tips enabled the enterprise to protected new revenue sources and adapt to the online age.
The top-rating free-to-air broadcaster and author of Perth metropolis’s foremost metro every day talked about on Monday it’d present content material materials for the Alphabet Inc unit’s News Showcase platform for five years and to the identical Facebook product for 3. Terms of the deals weren’t disclosed.
The preparations indicate the U.S. “Big Tech” platforms are literally devoted to paying two of Australia’s three largest standard info retailers for content material materials, marking an about flip merely two months after they’d vowed to surrender the nation over authorized tips forcing them to pay for the hyperlinks that drive web site guests to their web pages.
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