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...