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
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/...