Facebook Signs Pay Deals With 3 News Publishers After New Law Introduction In Australia

Facebook Signs Pay Deals With 3 News Publishers After New Law Introduction In Australia

Outlook

Facebook announced on Friday preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news.

Facebook said letters of intent had been signed with independent news organizations Private Media, Schwartz Media and Solstice Media.

The commercial agreements are subject to the signing of full agreements within the next 60 days, a Facebook statement said.

'These agreements will bring a new slate of premium journalism, including some previously paywalled content, to Facebook,' the statement said.

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