Rod McGuirk
FILE - This March 29, 2018, file photo shows the Facebook logo on screens at the Nasdaq MarketSite, in New York s Times Square. Facebook said on Tuesday, Feb. 23, 2021, it lift its ban on Australians sharing news after a deal was struck on legislation that would make digital giants pay for journalism.(AP Photo/Richard Drew, File) February 25, 2021 - 6:31 PM
CANBERRA, Australia - Facebook announced on Friday preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news.
Facebook said letters of intent had been signed with independent news organizations Private Media, Schwartz Media and Solstice Media.
CANBERRA, Australia (AP) Facebook announced on Friday preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news.
Facebook said letters of intent had been signed with independent news organizations Private Media, Schwartz Media and Solstice Media.
The commercial agreements are subject to the signing of full agreements within the next 60 days, a Facebook statement said.
“These agreements will bring a new slate of premium journalism, including some previously paywalled content, to Facebook,” the statement said.
Schwartz Media chief executive Rebecca Costello said the deal would help her company continue to produce independent journalism.
Facebook signs deals with Private Media, Schwartz Media and Solstice Media mumbrella.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mumbrella.com.au Daily Mail and Mail on Sunday newspapers.
Facebook’s deal is similar to Google’s deal with over 40 News Corp properties
Facebook has signed a content deal with Australian publishers that will see their content shared on its platform.
The deals were signed with Australian independent news organizations Private Media, Schwartz Media and Solstice Media. We have collaborated with Facebook in the past and we look forward to the ways in which this deal will help us to continue producing Australia s leading independent journalism. It s never been more important than it is now to have a plurality of voices in the Australian press,” said Rebecca Costello, the chief executive of Schwartz Media.
Mustafa Yalcin/Anadolu Agency/Getty Images
Facebook today announced new commercial negotiations with three independent Australian news organisations for the use of their content.
The news comes after Australia’s contentious media bargaining code passed the Senate in an amended form, tempering the social media giant’s fears it would be forced to pay for links shared on its platform.
Separately, Google issued an open letter saying it has “found a constructive path to support journalism” outside of the legislation.
As Facebook welcomes news content back to its Australian platform after a week in the social media wilderness, the tech giant says it has entered commercial negotiations with three independent publishers for the use of their reporting.