If you want companies in one industry to subsidise companies in another industry, you should be honest and call it a tax, not pretend that you’re creating an exchange of economic value that is entirely imaginary https://www.theguardian.com/media/2020/jul/31/google-and-facebook-to-be-forced-to-share-revenue-with-media-in-australia-under-acccs-draft-code

Apart for anything else, if you accept the premise that you should pay to link to people, why should it only be newspapers that get that money? What % of Google traffic goes to them?

If Google has to pay to link to a newspaper, why does it not have to pay to link to, say, a travel site, or an insurance company? Or to any of the the people who buy advertising? Why does it have any money to give?