Facebook has agreed to pay Rupert Murdoch’s News Corp Australia for journalism from its local mastheads.
The deal was secured just weeks after Australia passed a controversial world-first law aimed toward making tech platforms buy news content.
News Corp has not disclosed the price of the three-year accept Australia. Last month, it clinched a worldwide deal with Google.
Mr. Murdoch’s media empire began alongside his Australian newspapers.
The deal covers all of the stories Corp Australia’s content. It controls about 70% of newspaper circulation in Australia with titles including The Australian, The Daily Telegraph, and thus the Herald Sun.
It also owns news.com.au, also because the Fox News-modelled conservative TV network Sky News Australia, which has grown to become the most-shared Australian news brand on Facebook.
News Corp already features a special affect Facebook for its US media titles, under which the platform pays for stories to incorporate in its Facebook News tab.`