News Corp. Strikes Payments Deal With Facebook in Australia
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variety.comPatrick Frater Asia Bureau ChiefRupert Murdoch’s News Corp. says it has reached a three-year agreement with Facebook under which the publisher will provide news and information to the social media giant’s Facebook News product.The move follows Australia’s recent historic move to approve a law that would force social media and tech giants to pay publishers for news on independently set terms unless they can agree their own deals directly.Facebook strongly resisted the legislation and, for a little over a week, prevented Australian netizens from sharing news on its platform.
Prime Minister Scott Morrison said that Facebook had unfriended the country. Facebook ceased hostilities after last minute negotiations between Facebook founder Mark.
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