Facebook says it will pay French publishers for news content


In this March 29, 2018, file photo, the logo for Facebook appears on screens at the Nasdaq MarketSite in New York's Times Square. Facebook says it has struck a deal with a group of French publishers to pay for links to their news stories shared by the social network's users. The company said Thursday, Oct. 21, 2021 that it inked the licensing agreement with the Alliance de la Presse d’Information Generale, which represents 300 French publishers, to “improve the quality of online information for Internet users and publishers on Facebook.” (AP Photo/Richard Drew, File)

PARIS (AP) — Facebook said Thursday that it has struck a deal with a group of French publishers to pay for links to their news stories that are shared by people on the social network.

The company says it inked the licensing agreement with the Alliance de la Presse d’Information Generale, which represents 300 French publishers, to “improve the quality of online information for Internet users and publishers on Facebook.”

The financial terms weren't disclosed.

Facebook also said it would launch in January a French version of its Facebook News product, where the group's publishers could allow their stories to appear.

The licensing deal is the result of a wider push by authorities in Europe and elsewhere to force Facebook and other social media companies to compensate publishers for content. Governments have been responding to news outlets' complaints that internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue.

France was the first of the European Union’s 27 nations to adopt the bloc’s 2019 copyright directive, which outlines a way for publishers and news companies to strike licensing deals with online platforms.

Google signed a similar framework deal with the alliance this year, but talks over licensing payments bogged down, leading French regulators to slap Google with a hefty fine for not negotiating in good faith with publishers.

Where should you invest $1,000 right now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Featured Articles and Offers

Search Headlines: