To the point:
- Facebook has partnered with News Corp Australia.
- After the country passed the law requiring tech giants and other companies to pay for news content.
- On Monday, the three-year partnership was announced.
Facebook to pay Rupert Murdoch’s News Corp Australia for journalism from its local media.
The agreement was made just weeks after Australia passed a law requiring tech companies to pay for news content.
On Monday, the three-year agreement was announced. Content from Rupert Murdoch’s local media, including The Australian newspaper, will be featured on Facebook News, a section of the site that curates reports from selected publishers. The deal’s terms were not disclosed.
The agreement includes all of News Corporation Australia’s content. Through popular titles such as The Australian, The Daily Telegraph, and The Herald Sun, it dominates about 70% of newspaper circulation in Australia.