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Chronicles

The story behind the story

days · browse · Enter similar · o open

Sources: Facebook is offering millions of dollars to news outlets to license their content for a news section that the company hopes to launch later this year

Company approached ABC News, Dow Jones, Washington Post and Bloomberg as it plans to launch news section

Wall Street Journal

Discussion

  • @raju Raju Narisetti on x
    This won't end well, publishers. @Facebook approached @ABCNews, @DowJones, @WashingtonPost and @Business with offer to license their full-text content https://www.wsj.com/... via @WSJ
  • @pat_garofalo Pat Garofalo on x
    First Facebook destroys journalism outlets, and now it wants content from whoever is left. https://twitter.com/...
  • @benmullin Ben Mullin on x
    More: Facebook has proposed giving news outlets discretion over whether their content will appear in the news tab or whether the section will link out to their own websites. https://www.wsj.com/...
  • @perlberg Steven Perlberg on x
    the last time Facebook paid news outlets $3 million dollars a year to do something went really well https://www.wsj.com/... https://twitter.com/...
  • @yoda Drew Olanoff on x
    “News outlets would be allowed to choose between hosting their stories directly on Facebook or” or how about no. https://twitter.com/...
  • @connorsouthard Connor Wroe Southard on x
    [Hollering at the movie screen] Don't go in the basement!! https://twitter.com/...
  • @waltmossberg Walt Mossberg on x
    If true, this is just the latest in a series of moves that demonstrates that ⁦@facebook⁩ is, by any reasonable understanding of the terms, a publisher and a media company - not merely a tech tool for content it doesn't control. https://www.wsj.com/...
  • @jbillinson Josh Billinson on x
    The thing about Facebook is that they've proven themselves to be a trustworthy and reliable partner to the media industry and everyone should jump for this money, no questions asked https://twitter.com/...
  • @samsanders Sam Sanders on x
    BREAKING: Area fox offers to renovate henhouse https://twitter.com/...
  • @jessicalessin Jessica Lessin on x
    This seems better for publishers than Apple News but still...These publishers probably spend between $50 million and $100 million a year on journalism if not more. https://twitter.com/...
  • @caseynewton Casey Newton on x
    Facebook paying carriage fees to high-quality publishers could be an excellent thing for publishers, for readers, and for Facebook https://twitter.com/...
  • @benmullin Ben Mullin on x
    Facebook is offering news organizations up to $3 million in multi-year licensing deals to run content on upcoming news tab: https://www.wsj.com/... Scoop w/@sizpatel
  • @davegershgorn Dave Gershgorn on x
    please.....say.....no..... https://twitter.com/...
  • @jeffyoung Jeffrey Young on x
    No way this could backfire on news organizations! Facebook has always been a faithful business partner that looks out for the best interests of media outlets! https://www.wsj.com/...
  • @martinsfp Martin Sfp Bryant on x
    IT IS NOW: 0 DAYS SINCE FACEBOOK CHANGED ITS MIND ON NEWS AGAIN https://twitter.com/...