Facebook reportedly in talks with news publishers to offer 'millions' for content
by Associated Press from Technology | The Guardian on (#4MXFG)
The Wall Street Journal reported that the tech company was offering news executives as much as $3m a year to license stories
Facebook is reportedly in talks with news publishers to offer "millions of dollars" for the rights to publish their material on its site. The move follows years of criticism over its growing monopolization of online advertising to the detriment of the struggling news industry.
The Wall Street Journal reported on Thursday that Facebook representatives had told news executives that they would pay as much as $3m a year to license stories, headlines and other material.
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