Facebook Offers News Outlets Millions of Dollars a Year to License Content
Company approached ABC News, Dow Jones, Washington Post and Bloomberg as it plans to launch news section
Facebook Inc. is offering news outlets millions of dollars for the rights to put their content in a news section that the company hopes to launch later this year, according to people familiar with the matter.
Representatives from Facebook have told news executives they would be willing to pay as much as $3 million a year to license headlines and previews of articles from news outlets, the people said. - More...
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