Business
Rupert Murdoch’s News Corp strikes deal as Facebook agrees to pay for Australian content – The Guardian
News Corp is the largest media company to sign agreement with Facebook since laws passed by Scott Morrison’s government
Rupert Murdochs News Corp says a landmark three-year agreement with Facebook to pay for its Australian content will transform the terms of trade for journalism.
Facebook has also reportedly made a confidential deal with Nine Entertainment, Australias biggest locally-owned media giant, but the parent company wont confirm an agreement has been reached.
The Sydney Morning Herald and the Age reported its publisher, Nine, had signed a letter of intent to pay for content after weeks of tense negotiations….
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