Facebook To Pay News Corp For Content In Australia

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.`

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