• The Australian , Tuesday, May 1, 2012 3 AM

Google and Facebook would fall outside the proposed regime while traditional TV networks would be subject to increased local content quotas and print companies would face an expanded statutory watchdog. The plans form part of a top-level Convergence Review that also mapped out a radical ownership regime to remove existing bans on further concentration in favour of a "public interest test" overseen by a federal regulator to be created. While the review dropped plans for a government scrutineer of all news and current affairs -- in what would have been a first for print and online content -- it suggested a regime in which Canberra could issue directions to the industry's complaints tribunal.

Read the whole story at The Australian »