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News Corporation (NASDAQ:NWSA), Facebook, Inc (NASDAQ:FB) - Rupert Murdoch s News Corp Inks Deal To Resolve Facebook s Australian Content Blackout: Report

Facebook to pay News Corp to license news in Australia

Facebook | News Corp: Facebook signs deal to pay News Corp for content in Australia

We ll soon meet in your inbox. Please wait. The deal means Facebook users will gain access to news articles behind a paywall and breaking news video from News Corp’s publications in Australia. News Corp is the first major media outlet to strike a Facebook deal under controversial new laws that allow an Australian government-appointed arbitrator set fees if companies fail to do so. “We’re glad to have this deal in place and look forward to bringing Facebook News to Australia,” Campbell Brown, Facebook’s vice president of global news partnerships, said in a statement. This is the latest pact News Corp has struck with tech giants after years of demanding payments from them. Last month, it reached a three-year deal with Alphabet Inc’s Google in which the search giant will also pay for news.

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