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Facebook Exec Defends Australia News Blackout as Legally Necessary, Claims Company Will Pay $1B to News Orgs Over Three Years
Todd Spangler, provided by
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Facebook’s top policy exec said the temporary ban of sharing news links in Australia was a difficult but “legally necessary” step for the social giant to protect itself. And, doing some damage control, the company has pledged to invest at least $1 billion over the next three years in payments to news media companies.
The comments by Nick Clegg, Facebook’s VP of global affairs, come after Facebook on Tuesday said it will restore the ability for users and publishers in Australia to share news on its platform following the government’s agreement to make certain revisions to a law that requires internet companies to pay news providers.
Facebook to Restore News Content in Australia in the Coming Days lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.