Facebook strikes News Corp deal to license news from Australian media outlets
Facebook last month shut off the ability for Australian users and media organizations to share news links in the country, and now it seems the company’s extraordinary measure has resulted in a compromise for the most interested parties as media giant News Corp has struck a licensing deal with the social network.
Financial terms were not disclosed, but the deal is a multi-year one that gives Facebook’s news platform access to major News Corp Australia properties, including news.com.au, The Daily Telegraph, and Sky News. Google similarly struck a deal with News Corp last month, as the threat of a new Australia law regulating tech company payments to news organizations loomed overhead.
Facebook’s news shutdown in Australia wasn’t designed…