Mar 16, 2021

Facebook to pay News Corp for content in Australia

Facebook has agreed to pay Rupert Murdoch's News Corp Australia for journalism from its local mastheads. News Corp Australia controls about 70% of newspaper circulation in Australia with mastheads including The Australian, The Daily Telegraph and The Herald Sun. News Corp spearheaded a lobbying campaign in Australia - with support from its traditional rivals - to get politicians to make the tech firms pay for news content from its sites. Analysts looking at Australia's media law have long suggested that it is primarily designed to help big firms like News Corp as opposed to smaller media titles. The Facebook-News Corp deal comes as a parliamentary inquiry in Canberra examined News Corp's media dominance and influence in domestic affairs.

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