Facebook to Pay for Content

Facebook has agreed to pay mainstream media in the UK to license their articles. Most British newspaper groups have signed up to the programme under which their articles will appear in a dedicated news section on the site. Currently, the news is consumed through links shared on a user’s main newsfeed. Contractors will be roped in to select the main stories of the day. In return publishers are promised substantial returns. The stories could be curated. The stories could be chosen algorithmically to reflect a user’s interests.

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