Facebook will feature headlines from The Wall Street Journal, Washington Post, others in its coming news section, people familiar with the matter say
By Lukas I. Alpert Oct. 18, 2019 4:43 pm ET News Corp has reached a deal to let Facebook Inc. feature headlines from The Wall Street Journal and other Dow Jones media properties, as well as the New York Post, in the social-media giant’s coming news section, the companies said.
The licensing fees Facebook had been offering ranged as high as $3 million a year for larger, national news outlets to several hundred thousand dollars for smaller, regional publications, the Journal previously reported. The deals are for three years, people familiar with the matter have said. The News Corp arrangement would allow headlines from properties in its Dow Jones unit, including the Journal, Barron’s, MarketWatch, Financial News and Mansion Global, as well as the New York Post, to appear in the Facebook news section, linking to the publications’ sites. For nonsubscribers, links to Journal stories that are behind the site’s paywall would trigger a prompt for the reader to sign up.
Other large publications, like the New York Times and the Washington Post, opted not to participate in the Apple deal.
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