Rupert Murdoch says Facebook should pay for ‘trusted’ news - News Summed Up

Rupert Murdoch says Facebook should pay for ‘trusted’ news


Media tycoon Rupert Murdoch said Monday that large online platforms like Facebook should pay “trusted” news organizations as part of efforts to improve credibility and stem misinformation. In a statement issued by his News Corp, the publishing unit which includes newspapers in the United States, Britain and Australia, Murdoch offered up his idea as a way to boost trust in online news and support journalism, using the “carriage fee” model in the cable TV industry. “Facebook and Google have popularized scurrilous news sources through algorithms that are profitable for these platforms but inherently unreliable,” Murdoch said. “The publishers are obviously enhancing the value and integrity of Facebook through their news and content but are not being adequately rewarded for those services. Facebook and Google did not immediately respond to requests for comment.


Source: Punch January 22, 2018 19:52 UTC



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