richms:Another own goal by Aussie propping up that old man and his crumbling media monopoly. I dont see this affecting Facebook too much and its a shame that aussies will not be able to see overseas media on there as it would just show how valuable the free exposure on there is when people would have just started to share overseas news media instead.
I don't see this affecting Aussie too much either once the dust settles. If the Aussies don't blink, and I hope they don't, the risk to Facebook is that they will ultimately lose more in advertising revenue than the royalties they are currently determined to avoid.
Facebook have been a law unto themselves for too long. The US won't stand up to them, so let's hope the rest of the world will start fronting up. Nice one Aussie.