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Speaker 1: So we seem to be also following a fairly well

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Speaker 1: worn path when it comes to dealing with big tech

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Speaker 1: and then stomping up for local news content on their platform.

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Speaker 1: So the Fair Digital News Bargaining Bill is designed to

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Speaker 1: generate income for local media from big tech who take

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Speaker 1: the product for nothing and stick it on their platforms. Now,

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Speaker 1: Google are now threatening to remove all links to New

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Speaker 1: Zealand content if the legislation passes Now the former head

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Speaker 1: of Warner Brothers Discovery New Zealand, Glenn Coin's with us

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Speaker 1: on all of this. Glenn, very good morning to you, Morman, Mike,

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Speaker 1: thank you. Are we going to be able to do

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Speaker 1: anything that Canada hasn't really or Australia hasn't really.

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Speaker 2: It's certainly hard to see New Zealand carving its own

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Speaker 2: way in all of this, and I think we only

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Speaker 2: have to look to Australia and Canada's our lessons learned exactly.

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Speaker 1: Do you take Google and their threats seriously or not?

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Speaker 2: Yes? I do take it seriously, and I think it

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Speaker 2: should They execute against that strategy to be pretty devastating

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Speaker 2: for the industry here. I think it's very important that

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Speaker 2: both government and the industry here unite in a line

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Speaker 2: between us at a common approach to how they need

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Speaker 2: to approach this negotiation with Google it indeed, you know

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Speaker 2: all other international news platforms have we not.

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Speaker 1: Done that to a degree? I mean, this is what

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Speaker 1: this legislation is. We're all aligned, we all kind of

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Speaker 1: agree that they need to pay something they don't want to.

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Speaker 1: And that's where we're at, basically, isn't it.

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Speaker 2: Yes, it as we're at. And I think the industry

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Speaker 2: has done a good job to this point and needs

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Speaker 2: to continue to stay together to support the government in

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Speaker 2: this approach because you know, we're in this sort of

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Speaker 2: state of britmanship right now and the outcome is incredibly important,

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Speaker 2: not just for the media companies but indeed for all

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Speaker 2: journalism in New Zealand.

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Speaker 1: What would happen if we pass the law and they

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Speaker 1: go through with their threat and pull us from their service,

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Speaker 1: what literally would happen?

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Speaker 2: Yeah, Well, the government has suggested that if that would happen,

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Speaker 2: then others would step in and take on you know,

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Speaker 2: the search for example of Google, Microsoft will step up

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Speaker 2: and take on that sort of thing. The challenge being

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Speaker 2: Mike is there is an entire ecosystem now built around

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Speaker 2: Google infrastructure. You know, they completely vertically integrated. That's why

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Speaker 2: they're under investigation in the US right now. They are

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Speaker 2: so powerful in terms of the way our indistinve transacts revenue,

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Speaker 2: AD revenue and add dollars. That's not going to be

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Speaker 2: easily replaced. So that is going to take an extreme

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Speaker 2: long time to come back into the industry. And in

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Speaker 2: the meantime, you know the risks that are media companies

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Speaker 2: able to survive and keep revenue flowing. I suspect the

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Speaker 2: industry would take an enormous hit, and that means also

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Speaker 2: job losses would go with it.

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Speaker 1: Where do you reckon? This ultimately ends up hand on heart?

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Speaker 1: What do you think is going to happen.

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Speaker 2: I do think there'll be a reasonably negotiated sentiment. I

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Speaker 2: think Google will want some certainty in terms of what

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Speaker 2: their commitment to New Zealand News is going to look like.

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Speaker 2: Arguably they have that at the moment with the deals

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Speaker 2: that they've already done, but they don't want those deals

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Speaker 2: that risk through this legislation being passed and having to

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Speaker 2: pay more. So I think ultimately they're looking for certainty,

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Speaker 2: and I think that the industry will get there with

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Speaker 2: them good stuff.

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Speaker 1: Glen plashed it very much. Glen conn who's the formerhead

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Speaker 1: of Warner Brothers Discovery in this Country.

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Speaker 2: For more on the Mic Asking Breakfast, listen live to

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Speaker 2: News Talks at B from six am weekdays, or follow

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Speaker 2: the podcast on iHeartRadio