Facebook Offers Millions of Dollars For News Content

[engine]

Facebook is to launch a news section later this year and it's offering as much as $3 million dollars to licence content from news publishers, according to people familiar with the matter.

The outlets pitched by Facebook on its news tab include Walt Disney Co.’s ABC News, Wall Street Journal parent Dow Jones, The Washington Post and Bloomberg, the people said.

[wsj.com...]

[tangor]

Not sure what is worse ... the beg for news for dollars or those who might play the game. :)

</wry observation of what real news is these days>

[sem4u]

At least publishers may get some money for Facebook showing titles and snippets of news articles. Google pays nothing, but of course can send large amounts of traffic.

[Emranul]

i thing its a good initiative? how i can setup this as publishere?

[edarwish]

Does this mean that publishers with news sites are eligible or is it just for the big guys?

[RhinoFish]

Will they pay for stories like this?

How A Massive Facebook Scam Siphoned Millions Of Dollars From Unsuspecting Boomers
Asher Burke built his company, Ads Inc, on the back of one of the internet’s most persistent, lucrative, and sophisticated scams — the subscription trap. And then it all fell apart.
[buzzfeednews.com...]

:-)

[tangor]

@RhinoFish ... no fair using real world stuff!