Meta Platforms Inc.’s Facebook is re-examining its commitment to paying for news, folks aware of the matter stated, prompting some information organizations to put together for a possible income shortfall of tens of thousands and thousands of {dollars}.
The firm has paid common annual charges of greater than $15 million to the Washington Post, simply over $20 million to the New York Times, and greater than $10 million to The Wall Street Journal, in accordance to folks aware of the matter. The Journal charge is a part of a broader Facebook News deal largely negotiated by father or mother firm Dow Jones & Co., together with annual compensation value greater than $20 million, folks aware of the partnership stated.
