WSJ News Exclusive | Facebook Rethinks News Deals, and Publishers Stand to Lose Millions in Payments

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Facebook is re-examining its commitment to paying for news, prompting some news organizations to prepare for a potential revenue shortfall of tens of millions of dollars

commitment to paying for news,

people familiar with the matter said, prompting some news organizations to prepare for a potential revenue shortfall of tens of millions of dollars. The company has paid average annual fees of more than $15 million to the Washington Post, just over $20 million to the New York Times, and more than $10 million to The Wall Street Journal, according to people familiar with the matter. The Journal fee is part of a broader Facebook News deal largely negotiated by parent company Dow Jones & Co., including annual compensation worth more than $20 million, people familiar with the partnership said.

 

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Get news off Facebook.

benshapiro Absolutely predictable

benshapiro they should fine them for false news. they'd make more.

benshapiro It’s funny that they actually paid for bs

I completely boycott facebookapp because they support Israel, why you don't pay attention on Kashmir , Palestine ? Even Facebook algorithm show the content that create chaos instability in many country

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