Australian billionaire to help publishers strike content deal with Google, Facebook

Australian mining billionaire Andrew Forrest's philanthropic organisation will help 18 small news publishers in the country to collectively negotiate with Google and Facebook to secure licensing deals for the supply of news content.

Forrest's Minderoo Foundation said today said it would submit an application with the country's competition regulator, the Australian Competition and Consumer Commission (ACCC), allowing the publishers to bargain without breaching competition laws...