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Facebook U-turn sees it offer millions to license premium news content

on Aug 9, 2019 | 0 comments

By John Glenday

Facebook has announced a dramatic change in policy in its approach to news organisations by announcing that it will pay to license content after all having previously attempted to introduce an ad-sharing model.

The shift will be welcomed by premium content providers such as ABC News, Bloomberg, Wall Street Journal and Washington Post which stand to make as much as $3m per year to supply articles for a planned news-focussed section of Facebook.

The social network is reportedly ready to launch its current affairs initiative as early as this year with partners signing up Read full story ›

Source: The Drum