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    • Tech - News - Startups
    • Updated: December 02, 2020

    'Facebook News' Set For Launch In UK Next Year, To Pay Publishers For Content

    'Facebook News' Set For Launch In UK Next Year, To Pay Publi

    Facebook will be launching its news tab feature called Facebook News in Britain from next year as they intend to pay publishers for stories delivered through the world’s leading social network.

    The U.S company, which disclosed this on Tuesday, stated that the arrival of Facebook News in January comes after the service was rolled out in the United States in late 2019 and is part of plans to extend it worldwide.

    “With Facebook News, we will pay publishers for content that is not already on the platform, help drive new audiences, and bring publishers greater monetisation opportunities,” Facebook added.

    Facebook is already gotten sign-ups from media such as The Economist, The Guardian, The Independent, and the Mirror, and local newspapers the London Evening Standard, Manchester Evening News, and the Scotsman.

    In addition, there are lifestyle magazines such as Cosmopolitan, GQ, Vogue, and Tatler have also signed up, while there is a video partnership with Channel 4 News.

    READ MORE: Facebook Test runs Dark Mode, Online Shopping Feature, Others Underway

    Facebook’s director of news partnerships Jesper Doub said the company was “in active negotiations” to bring the feature to France and Germany.

    “We will continue to work with publishers in countries where market conditions and regulatory environments invite this kind of investment and innovation,” he added.

    Media companies have struggled with dwindling advertising revenue and print sales as content has moved online and become available for free, forcing a host of titles to close.

    In April, the National Union of Journalists (NUJ) said the coronavirus pandemic has made the situation worse and called on the British government to impose a windfall tax on global tech giants to help shore up struggling publishers.

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