Meta, aka Facebook, are looking to review commitments to pay publishers for their news articles. The payments, said to be 100s of million US$ a year to mostly larger news publishers, have shown little return to the Facebook platform or gained them many extra users. Some of the larger publishers, both in the US and elsewhere, are going to have to figure out a way to make up for a substantial shortfall if Facebook decides to abandon its commitment to sharing the news articles, and paying for the pleasure. Sites include The Washington Post which was making US$20 million a […]
The story Meta downgrades commitment to Facebook News service, tech giants don’t want to pay for News as seen on Thaiger News.