News Corp said in a statement on Tuesday the agreement covers the Australian arm of the business and includes major mastheads such as The Australian national newspaper and metropolitan editions like the Daily Telegraph and Herald Sun. Sky News Australia, a subscription television service owned by News Corp Australia, has also reached a new agreement with Facebook.
acebook and mass media company News Corp have reached an agreement that will see the social media giant pay for Australian news content to be used through its Facebook News product, weeks after the Australian government passed laws that force tech companies to pay for journalism.
News Corp said in a statement on Tuesday the agreement covers the Australian arm of the business and includes major mastheads such as The Australian national newspaper and metropolitan editions like the Daily Telegraph and Herald Sun. Sky News Australia, a subscription television service owned by News Corp Australia, has also reached a new agreement with Facebook.
In the statement, Robert Thomson, chief executive of the New York-based company, said the "landmark" agreement "will have a material and meaningful impact on our Australian news business."
In February, Australia's parliament passed a contentious media bargaining bill that requires Facebook and Google's parent company, Alphabet, to pay local media outlets for news.
Both companies initially opposed the move, with Facebook temporarily banning Australian users from viewing and sharing international and domestic news on the platform. Earlier, Google also threatened to withdraw its search function from Australia.
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