{"id":188650,"date":"2021-02-25T11:49:01","date_gmt":"2021-02-25T08:49:01","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/facebook-says-it-will-pay-1b-over-3-years-to-news-industry\/"},"modified":"2021-02-25T11:49:01","modified_gmt":"2021-02-25T08:49:01","slug":"facebook-says-it-will-pay-1b-over-3-years-to-news-industry","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/facebook-says-it-will-pay-1b-over-3-years-to-news-industry\/","title":{"rendered":"#Facebook says it will pay $1B over 3 years to news industry"},"content":{"rendered":"

“#Facebook<\/a> says it will pay $1B over 3 years to news<\/a> industry<\/strong>”<\/p>\n

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\"Facebook
\n This April 25, 2019, file photo shows the thumbs-up “Like” logo on a sign at Facebook headquarters in Menlo Park, Calif. Facebook, following in Google’s footsteps, says it plans to invest $1 billion to support the news industry over the next three years. The social networking giant, which has been tussling with Australia over a law that would make social platforms pay news organizations, said it has invested $600 million since 2018 for news. (AP Photo\/Jeff Chiu, File)
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Facebook, following in Google’s footsteps, says it plans to invest $1 billion<\/a> to “support the news industry” over the next three years.<\/p>\n

The social networking giant, which has been tussling with Australia over a law that would make social platforms pay news organizations, said it has invested $600 million since 2018 in news.<\/p>\n

Google said in October that it would pay publishers $1 billion over the next three years.<\/p>\n

News companies want Google and Facebook to pay for the news that app<\/a>ears on their platforms. Governments in Europe and Australia are increasingly sympathetic to this point of view. The two tech companies suck up the majority of U.S. digital advertising dollars, which\u2014among other problems\u2014has hurt publishers.<\/p>\n

Facebook said on Tuesday it would lift a ban on news links in Australian after the government agreed to tweak proposed legislation that would help publishers negotiate payments with Facebook and Google. Facebook was criticized for its ban, which also temporarily cut access to government pandemic, public health and emergency services on the social networking site.<\/p>\n

Facebook said Tuesday that the changes allow it to choose which publishers it will support and indicated that it will now start striking such deals in Australia.<\/p>\n

Google had already been signing content licensing deals with Australian media companies, and says that it has arrangements with more than 50 publishers in the country and more than 500 globally.<\/p>\n

There may be more such regulation in other countries. Microsoft is working with European publishers to push big tech platforms to pay for news. European Union countries are working on adopting copyright rules that allow news companies and publishers to negotiate payments.\n <\/p>\n\n

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EXPLAINER: What’s up between Google, Facebook and Australia?\n <\/p><\/div>\n

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\n \u00a9 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.<\/p>\n

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Citation<\/strong>:
\n Facebook says it will pay $1B over 3 years to news industry (2021, February 25)
\n retrieved 25 February 2021
\n from https:\/\/techxplore.com\/news\/2021-02-facebook-1b-years-news-industry.html<\/p>\n

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\n part may be reproduced without the written permission. The content is provided for information purposes only.<\/p><\/div>\n<\/p><\/div>\n