Jan 22, 2018

Rupert Murdoch: Facebook should pay for news

Media mogul Rupert Murdoch said Facebook should pay fees to publishers if it is committed to supporting accurate news. Facebook last week said it would survey its users and prioritise news sources they deemed "Trustworthy". "The publishers are obviously enhancing the value and integrity of Facebook through their news and content, but are not being adequately rewarded for those services," Mr Murdoch said. Neither had he seen a subscription model that "Truly recognises the investment in and the social value of professional journalism", added Mr Murdoch, who also controls the Fox News cable channel in the US. Facebook to use surveys to boost 'trustworthy' news. Google and Facebook take the lion's share of new advertising revenue - a shift that has hurt the newspapers, which produce most original news.

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