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