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Speaker 1: The government's decided to move forward with us FED Digital

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Speaker 1: News Marketing Bill. Basically, you get the big tech players

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Speaker 1: to the table category or with local media around usage

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Speaker 1: of content to be count the arbitrator steps in. Our

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Speaker 1: media commentator spin off founder Duncan greeves with us Duncan,

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Speaker 1: very good morning to you.

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Speaker 2: Money might as soon.

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Speaker 1: As I can tell, there are two issues one whether

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Speaker 1: or there is an issue, and I think we all

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Speaker 1: agree there is two. Whether this fix is at what's

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Speaker 1: your view?

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Speaker 2: I think that there is a decent shot that this

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Speaker 2: will bring material change that the big question mark is,

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Speaker 2: you know, with this, with Goldsmith now having the power

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Speaker 2: to designate, whether the big tech platforms will go along

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Speaker 2: with it or as Meta has done another markets like Canada,

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Speaker 2: will was this that everything it has?

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Speaker 1: Do you think part of the problem is Goldsmith looks

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Speaker 1: like he's been dragged here reluctantly.

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Speaker 2: Well, I think that this is where the change from

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Speaker 2: Melissa Lee, who was very publicly empty the bill does

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Speaker 2: have a favor. Goldsmith has been on a bit of

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Speaker 2: a listening tour with media and you know, certainly at

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Speaker 2: the press conference yesterday made it pretty good best of

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Speaker 2: suggesting that this is something he's thought deeply about and

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Speaker 2: come to all his ownvolition. Whether that's true or not,

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Speaker 2: is it a separate matter.

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Speaker 1: Okay, So Canada and Australia, are they shining examples of

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Speaker 1: how brilliant this can be or are they a bit

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Speaker 1: half baked?

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Speaker 2: Well, Australia was the poster boy and had you know,

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Speaker 2: I think it was about two hundred million Australian dollars

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Speaker 2: a year that had gone into journalism that wouldn't have

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Speaker 2: had the wives gone. Google has no what are is

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Speaker 2: continuing with it? The meta has signal so that it

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Speaker 2: woke when you it's ones and that now there is

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Speaker 2: a real battle in Australia about whether news will continue

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Speaker 2: to be distributed through platforms like Facebook and Meta. So

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Speaker 2: there is a bit of a change from the consumer side,

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Speaker 2: but from a revenue perspective, the the you know, there

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Speaker 2: is there's money flying that wasn't previously flying and there

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Speaker 2: are still moves that government could make. I think that

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Speaker 2: that mean that that story isn't finished being told.

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Speaker 1: Okay, do you take their threat seriously? Will turn off

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Speaker 1: the news or not?

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Speaker 2: Well, they've done it in Canada, so I think you

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Speaker 2: have to take them seriously, it's about how material that

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Speaker 2: is for your country. You know. I think that we're

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Speaker 2: Facebook to turn off news and I think the government

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Speaker 2: could quite rightly say, well, your platform is now at

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Speaker 2: information free zone, will turn off advertising. That hasn't been

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Speaker 2: done in other countries. But government's the biggest client of

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Speaker 2: these companies and hasn't to this point used that. Sickly

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Speaker 2: asked old Smith yesterday whether he would, and he didn't.

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Speaker 2: But I think that there are still moves to be made.

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Speaker 2: This is still very early.

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Speaker 1: I think good Good Insight don't appreciate it as almost

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Speaker 1: Dunk and Greaves spinoff founder and the media commentator.

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Speaker 2: For more from News Talks b listen live on air

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Speaker 2: or online, and

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