Facebook to pay French publishers for news content
Facebook Reality Labs
Facebook announced today that it hasreached an agreement with Frenchpublications to pay themfor news shown on its feed.
The tech giant will be obtaining license to publish content. Facebook said it had reached an agreement with APIG alliance which comprises of national and regional newspapers in France.
Google had made a similar announcement on payment content deal in January regarding APIG.
News publications have been complaining for years over the revenue generated by Google and Facebook as it shows ads along with news onits feed without paying the content creators.
Also Read:Now, French court asks Google to pay publishers for their content
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In February, the Australian government had passed a legislation which required tech companies to pay local outlets.
Although Facebook had rejected the Australian proposal to pay for news content initially and had blocked news fromits site for Australian users but it reached an agreement with the government later as it restored the pages.
Also Read:Google says 'not up to us' to dictate how news companies spend its $1 billion
Google had announced last year that it had reached copyright agreements with French publications. The European Union had earlier directed tech companies to discuss online payment with news publications.
(With inputs from Agencies)