"Facebook" communicates with media companies to allow republication of news content

Transactions can be worth up to millions of dollars per publisher, Facebook offering up to $ 3 million a year for the license fees of some outlets. Disney News ABC, Bloomberg, Dow Jones (parent company of the Wall Street Journal) and The Washington Post are among the participants in the first discussions.

According to the report, Facebook plans to include articles in a dedicated information section that will be launched later this fall. Publishers will sign contracts of up to three years in some cases. They will be able to control how articles appear on Facebook and determine if readers will only receive excerpts, such as the title and text, before being sent to the publisher's site.

Proposed project goes against Apple's approach to Apple News Plus, a new magazine-based subscription service with questionable revenue distribution and reports of small payments, which many the media sector warned as part of Silicon Valley's commitment to save the media.

The new Facebook project could be a resumption of a mbadive move of the site for news publishers and media companies, which it benefited before the site began to lower the ranking of pages and others non-individual forms of news content years ago.

According to The Virg, it will be a development of Facebook's ever-changing approach to information, which ultimately turned to promoting local content and abandoned the plan to move publishers to a separate stream in its mobile application.

Efforts had already been made with publishers to create videos for its Facebook Live platform, media and entertainment companies to license content, create original content for its monitoring platform, and create online blog platform in which Facebook hoped to dominate the news content.

Last year, relations between Facebook and publishers deteriorated and the company slashed its funding to watch news programs.

The "Facebook" site has become a place where publishers hope to attract new readers and current readers in unprecedented numbers. This has been true for a while, with Facebook becoming a major source of traffic for all forms of media companies around the world. The quirks of the algorithms behind Facebook's news feed are increasingly influencing media trends: at the beginning of 2010, the sector experienced an increase in content that prompted users to click on supports to lead to the video sector.