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Facebook to Offer Millions to News Publishers for Content

August 13, 2019

Facebook to Offer Millions to News Publishers for Content

Facebook is looking to introduce a news tab on the platform and may offer as much as 3 million USD for the rights of the content. According to sources, it’s already in talks with some of the major publishers across the globe.

A CNBC report said that a dedicated news tab will soon be incorporated in the Facebook website to provide a better news experience to the users. The company has also talked to outlets like The Washington Post, ABC News, etc. to obtain a license for the content for 3 million USD, it said.

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