News Corp is the largest media company to sign agreement with Facebook since laws passed by Scott Morrison’s government
Rupert Murdoch’s 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, Australia’s biggest locally-owned media giant, but the parent company won’t confirm an agreement has been reached.
Continue reading...source https://www.theguardian.com/media/2021/mar/16/rupert-murdochs-news-corp-strikes-deal-as-facebook-agrees-to-pay-for-australian-content
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