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
Related Coverage
- Facebook confirms news tab will launch this fall CNBC · Salvador Rodriguez
- Facebook wants to give you a dedicated news section CNET · Carrie Mihalcik
- Facebook is building a dedicated news tab, and it's offering to pay publishers to participate … Business Insider · Lucia Moses
- Facebook wants to licence publishers' headlines and previews Inquirer · Alan Martin
- Facebook wants to be relevant in news again, and it's willing to pay millions to bring back publishers The Verge · Nick Statt
- Facebook Said to Be in Talks With Publishers on News Effort New York Times · Mike Isaac
- Facebook is courting publishers with multi-million dollar deals to launch its news tab this fall The Next Web · Ivan Mehta
- Facebook news tab coming this fall Seeking Alpha · Yoel Minkoff
- Facebook dangles big money to lure news outlets into new service AppleInsider · Mikey Campbell
- Facebook to shake up its news content in a deal worth millions for publishers Digital Trends · Trevor Mogg
- Facebook is looking to start a News tab on its platform, offers news publishers millions in licensing fees Firstpost Tech
- Facebook to launch news tab this fall Mashable · Stan Schroeder
- WSJ: Facebook offers publishers millions for its dedicated news tab Engadget · Mariella Moon
- Facebook Could Pay Up To $3M Per Year To License News Content PYMNTS.com
- Facebook To News Outlets: We'll Pay You Millions To License Content Deadline · Erik Pedersen
- Facebook is reportedly interested in licensing publishers' content for its News tab this fall Nieman Lab · Christine Schmidt
- Facebook exploring deals with media outlets for news section: report The Hill · Harper Neidig
- Facebook to pay handpicked corporate news outlets up to $3 million a year to license content: WSJ Boing Boing · Xeni Jardin
- Facebook offers media outlets millions to license content, WSJ reports CNN · Ahiza Garcia
Discussion
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@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
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@pat_garofalo
Pat Garofalo
on x
First Facebook destroys journalism outlets, and now it wants content from whoever is left. https://twitter.com/...
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@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/...
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@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/...
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@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/...
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@connorsouthard
Connor Wroe Southard
on x
[Hollering at the movie screen] Don't go in the basement!! https://twitter.com/...
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@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/...
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@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/...
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@samsanders
Sam Sanders
on x
BREAKING: Area fox offers to renovate henhouse https://twitter.com/...
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@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/...
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@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/...
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@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
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@davegershgorn
Dave Gershgorn
on x
please.....say.....no..... https://twitter.com/...
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@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/...
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@martinsfp
Martin Sfp Bryant
on x
IT IS NOW: 0 DAYS SINCE FACEBOOK CHANGED ITS MIND ON NEWS AGAIN https://twitter.com/...