Facebook will pay Murdoch for news in Australia

[eppur_se_muova]

Source: CNN

By Michelle Toh, CNN Business

Updated 6:13 AM ET, Tue March 16, 2021

Hong Kong (CNN Business)Facebook is teaming up with News Corp Australia just weeks after the country passed a groundbreaking law requiring tech companies to pay for news content.

The three-year partnership was announced on Monday. It will allow content from much of Rupert Murdoch's local media empire, including The Australian newspaper, to be featured on Facebook News — a section of the platform that curates coverage from selected publishers. Terms of the deal were not disclosed.

The agreement adds to a stream of new partnerships News Corp has signed in Australia in recent weeks.

Sky News Australia, a broadcaster owned by a local News Corp subsidiary, has struck a separate deal with Facebook (FB), which "builds on an existing arrangement," News Corp (NWS) said in a statement Monday.

Read more: https://www.cnn.com/2021/03/16/media/facebook-news-corp-australia-media-law-intl-hnk/index.html

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Google has already signed a similar agreement w/News Corp. Sounds like Murdoch is determined to squeeze more $$$$ out of fake news, and he has enough influence in Oz to get away with it.

Hope some later, more enlighted (good luck w/that) gov't repeals this overly broad law.

[CentralMass]

1. Now that might be enough to make me dump Facebook.

[lagomorph777]

3. Good! Fascistbook is dangerous.

Especially, it's dangerous to those who log in to it.

[CentralMass]

5. I have a limited friend list and don't have my phone number listed.

I also find that the mechanisms they provide to report on posts and filter what I want to read seem to work ok. There is an option like don't show me more posts like this..
So I don't seem to get the pro-tRump propaganda

[lagomorph777]

7. It's not so much what you're seeing.

It's more about what they are learning about you.

[CentralMass]

8. This is true about google and other services as well. I don't really care to be honest.

If they want to track my bowel well movements let them knock themselves out.

I use it to keep in touch with family and old friends who are on the other side of the country.

[aggiesal]

2. Great!!! Facebook now becomes a FOX New outlet ...

Maybe we should call it what it really is now, Foxbook

I glad I don't use it.

[Lonestarblue]

4. I cannot believe that Australians are allowing Fox to contaminate news.

Zuckerberg obviously doesn’t care what kind of garbage he allows on his site.

[Yeehah]

6. Facebook just keeps gettin' rottener and rottener.

Don't go there!

[ripcord]

9. Pass a stupid law, get stupid results

Did they really think they were going to get diversity by making tech companies pay for news?