Author: Jon Porter
Illustration by Alex Castro / The Verge
Facebook’s News tab will go live in the UK on January 26th in its first launch outside the US. The company says the section will offer a mix of curated and personalized news stories, but for select publishers the bigger news is that it will see Facebook paying them to license their content.
Although Facebook declined to give information on the amount it expects to pay publishers, a spokesperson said the company plans to invest “substantial” amounts over a number of years. These payments are expected to mainly go to publishers whose content isn’t already on Facebook — for instance, like content that’s normally paywalled. The Guardian previously reported that some publishers expect these payments to be worth millions of pounds a year.
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Illustration by Alex Castro / The Verge
Facebook’s News tab will go live in the UK on January 26th in its first launch outside the US. The company says the section will offer a mix of curated and personalized news stories, but for select publishers the bigger news is that it will see Facebook paying them to license their content.
Although Facebook declined to give information on the amount it expects to pay publishers, a spokesperson said the company plans to invest “substantial” amounts over a number of years. These payments are expected to mainly go to publishers whose content isn’t already on Facebook — for instance, like content that’s normally paywalled. The Guardian previously reported that some publishers expect these payments to be worth millions of pounds a year.
A...
Continue reading…
Continue reading...