India to go Oz way, Google, FB & YouTube may pay for news content

New Delhi: BJP lawmaker Sushil Modi on Wednesday demanded that the Government enact a law to make the tech giants like Google, Facebook and You Tube pay to the Indian print and electronic media for using their news content.

"Media Houses makes heavy investment in gathering news, and they deliver credible information. Advertisement is their main revenue. But a large share of revenue is cornered by these tech giants now, and because of this, print media and TV channels are facing financial crisis," Mr Modi said.

He further said that the we should follow the Australian model by which they compelled Google to pay for using content of news media, now France and other European countries are also making similar laws. Government should enact a law to compel Google to pay for news, he added.(UNI)