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Speaker 1: Now, the fact the government is going ahead with Labour's

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Speaker 1: Digital Media Bill, albeit with amendments, is not really the story.

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Speaker 1: The fact Act has played this agree to disagree chart

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Speaker 1: is not really the story. The real story is does

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Speaker 1: it solve the problem? Ah? The problem? What exactly is

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Speaker 1: the problem? Well, the problem is the media, or at

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Speaker 1: least parts of it, are in a financial hole and

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Speaker 1: have decided that if only we can get Facebook or

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Speaker 1: Google Instagram to the table and get them to give

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Speaker 1: us some money, we can bring back fair go or

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Speaker 1: hire back a journal that's been laid off. If only

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Speaker 1: it were that easy. There's universal agreement in the media

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Speaker 1: that the social media giants are taking money out of

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Speaker 1: the market, and there is general agreement that that is

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Speaker 1: pretty much unfair, given they monetize someone else's work. Now,

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Speaker 1: the fact the media outlets use Facebook to pump their

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Speaker 1: service and outlets and digital sites doesn't get quite as

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Speaker 1: widely covered. But let's not interrupt the David and Goliath

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Speaker 1: narrative flow and kill the buzz. Should Facebook cut a deal? Probably?

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Speaker 1: Have they elsewhere? Well, that's another problem, sort of but

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Speaker 1: not really. In Canada hasn't worked well. The government's ended

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Speaker 1: up handing out money to news organization after services got

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Speaker 1: turned off. Australia's in the middle of striking another deal

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Speaker 1: which may or may not work the government, or under

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Speaker 1: pressure from places like Channel nine Channel seven who are

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Speaker 1: laying off people by the hundred. It all boils down

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Speaker 1: to the idea, does a social media giant need New

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Speaker 1: Zealand do they care enough to pay this government can

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Speaker 1: pass a law, introduce arbitration till they're blue in the face.

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Speaker 1: The same way social media giants aren't supposed to allow

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Speaker 1: extremists and dangerous material online or lower impressionable teenagers to

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Speaker 1: spend their life scrolling. Have those laws worked? How many

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Speaker 1: American and European investigations and committee question and answer sessions?

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Speaker 1: Do you want to see where politicians act tough for

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Speaker 1: the camera. Zuckerberg might stand up and apologize to grieving families,

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Speaker 1: But has it worked. No, Yes, we have a problem,

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Speaker 1: but do we have a solution? It's probably I think

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Speaker 1: at the end of the day, it's probably worth the exercise.

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Speaker 1: But don't be remotely surprised if in the real world

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Speaker 1: it achieves nothing. For more from the mic asking breakfast,

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Speaker 1: listen live to news talks that'd be from six am weekdays,

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Speaker 1: or follow the podcast on a hard radio