Facebook forges multiyear deal with News Corp. in Australia - News Summed Up

Facebook forges multiyear deal with News Corp. in Australia


Facebook Inc. reached a multiyear deal with News Corp. in Australia, agreeing to pay Rupert Murdoch’s publishing arm for access to additional stories. The deal means Facebook users will gain access to news articles behind a paywall and breaking news videos from News Corp.’s publications in Australia. Last month, News Corp. and Alphabet Inc.’s Google reached a three-year deal in which the search giant will also pay for news. News Corp., controlled by Murdoch, reached a previous agreement with Facebook in the U.S. in October 2019. That deal let its U.S. publications receive payments in exchange for access to additional stories for Facebook News.


Source: Los Angeles Times March 15, 2021 23:37 UTC



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