Meta, Alphabet Pushed to Enter Deals With Indonesia News Firms

Meta, Alphabet Pushed to Enter Deals With Indonesia News Firms

Meta, Alphabet Pushed to Enter Deals With Indonesia News Firms

Meta, Alphabet Pushed to Enter Deals With Indonesia News Firms

In a move to promote quality journalism and support local news outlets, Indonesia has mandated that tech giants Meta Platforms Inc. and Alphabet Inc. must enter into commercial agreements with Indonesian news publishers to use their content. This regulation aims to ensure fair compensation for the use of news content and foster a mutually beneficial relationship between digital platforms and local news providers.

The rule, which comes into effect six months after its issuance on February 20, requires Meta and Alphabet to engage in licensing, revenue-sharing, data-sharing, or other forms of agreements with Indonesian news outlets. The specifics of how the income generated from these deals should be distributed have not been explicitly outlined, leaving room for negotiation between the parties involved.

This development highlights Indonesia’s commitment to promoting a thriving media ecosystem and protecting the interests of local news organizations. By requiring tech giants to establish commercial relationships with Indonesian news outlets, the government aims to ensure a fair and sustainable ecosystem where content creators are duly compensated for their work.

Meta Platforms Inc. and Alphabet Inc. are now tasked with navigating these new requirements and engaging with Indonesian news publishers to comply with the regulations. This move reflects a broader trend globally, where governments are increasingly looking to regulate the relationships between digital platforms and traditional media organizations to uphold journalistic standards and support the sustainability of the news industry.

The mandate for Meta and Alphabet to strike deals with Indonesian news outlets signals a shift towards greater transparency and collaboration in the digital media landscape

As the tech industry continues to evolve, partnerships between digital platforms and news publishers are becoming increasingly important for the dissemination of reliable information and the preservation of independent journalism. The mandate for Meta and Alphabet to strike deals with Indonesian news outlets signals a shift towards greater transparency and collaboration in the digital media landscape.

Indonesia’s decision to require Meta Platforms Inc. and Alphabet Inc. to enter into commercial agreements with local news outlets marks a significant step towards fostering a more equitable and sustainable media environment. This mandate sets a precedent for how tech giants engage with news publishers globally, emphasizing the importance of supporting quality journalism and ensuring fair compensation for content creators.

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Jason Stone

Jason Stone is a serial entrepreneur with multiple 7 figure business ventures across various verticals of web and marketing. He is widely known by over 7 million people around the world as @Millionaire_Mentor on Instagram. Jason utilizes his experience and passion as a motivator, mentor, teacher, and social media influencer to help others create success. Jason Stone is an accomplished Senior Executive, Consultant, and Thought Leader with more than 20 years of success across the engineering, e-commerce, social media, internet, marketing, advertising, technology, automotive, blockchain, franchising, and health and wellness industries. He is an early-stage startup tech investor/advisor to over a dozen companies. Leveraging extensive experience creating go-to-market strategies and viral marketing, he is a valuable advisor for an organization experiencing growth or launching new products. His broad areas of expertise include business development, mechanical engineering, global strategy, email marketing, digital marketing, automation, blockchain, organizational leadership, and growth hacking. t
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