Business
Could this have moved the News Corp (ASX:NWS) share price today?
The News Corporation (ASX: NWS) share price snuck up 0.7% today to reach $31.58 by the market’s close.
This follows news last night reported by The Australian that News Corp and Facebook Inc (NYSE: FB) are on “the cusp of a commercial agreement”.
The agreement relates to Facebook’s compliance with parliament’s news media bargaining code that came into force last month.
Facebook to pay News Corp for use of its journalism
Many assumed there was bad blood a few weeks ago between Facebook and media outlets after Facebook banned Australian users from posting news content. However, according to The Australian, we can expect to hear…
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