Rupert Murdoch's News Corp strikes deal as Facebook agrees to pay for Australian content

Posted on AllSides March 15th, 2021
From The Left

Rupert Murdoch’s News Corp says a landmark three-year agreement with Facebook to pay for its Australian content will transform the terms of trade for journalism.

News Corp chief executive Robert Thomson said the deal would have a “material and meaningful impact” on its Australian business.

“Rupert and Lachlan Murdoch led a global debate while others in our industry were silent or supine as digital dysfunctionality threatened to turn journalism into a mendicant order,” Thomson said.

The deal marks the end of a stand-off between Facebook and news publishers over growing...

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https://www.theguardian.com/media/2021/mar/16/rupert-murdochs-news-corp-strikes-deal-as-facebook-agrees-to-pay-for-australian-content

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