Rupert Murdoch says Facebook should pay news publishers for content

JEWEL SAMAD  AFP  Getty Images

News Corp Executive Chairman, Rupert Murdoch, has released a rare public statement calling for entities such as Facebook and Google, to pay "trusted" news outlets a "carriage fee", in exchange for posting content to their websites.

Murdoch's remarks follow a major change in strategy by Facebook, announced last week, that will see it boost news sources that its users rank as most trustworthy, while shrinking the percentage of news posts overall in users' news feeds.

Murdoch feels that subscription models and Facebook's current tweaks are inadequate to solve the problem on a commercial, social and journalistic level.

The decision has led to concerns within the rest of the media industry that their content will be sidelined in preference of posts from users' friends and family.

Murdoch's worries are not new inside the business, however he is a standout amongst the most prominent media administrators to voice them so anyone can hear.

The issue came to light amid alleged Russian interference during the 2016 USA presidential election campaign and during other key political events globally since.


For their part, many news organizations are locked into their relationship with Facebook, which can drive enormous traffic to their sites, but captures nearly all online advertising revenue for itself.

Many of Murdoch's publications and in particular the Fox News channel that he owns, have been accused of spreading their own brand of fake news.

Murdoch's issued the statement a week after Facebook made two major changes to its news feed algorithm. Meanwhile, trust in journalism was on the rise, up 5 percentage points to 59 percent. "There is nothing worse to a company long-term".

Its civic engagement chief, Samidh Chakrabarti, said in a blog post: "In 2016, we at Facebook were far too slow to recognise how bad actors were abusing our platform". "We want to make sure that our products are not just fun, but are good for people", said Facebook CEO Mark Zuckerberg in an interview. "At its worst, it allows people to spread misinformation and corrode democracy".

It's a blend of updates that has distributers anxious about their future on Facebook.

Like Murdoch, many publishers are at the tipping point, ready to move on from Facebook in favor of rivals like Twitter and Apple-if they can. The company comprises businesses across a range of media, including: news and information services, book publishing, digital real estate services, and cable network programming and pay-TV distribution in Australia. "And with the lack of monetization opportunities, it's gotten to the point where we have to wonder where this partner fits into our future".

Related News:

  • Arsene Wenger explains how disruptive Alexis Sanchez was

    Arsene Wenger explains how disruptive Alexis Sanchez was

    Mkhitaryan joins Arsenal after an 18-month spell at United in which he made 39 appearances but scored only five goals . Sanchez will be key to helping a young spine of the squad transform into what fans hope could be a title-winning side.
    Kyle Edmund beats Grigor Dimitrov to reach Australian Open semi-final

    Kyle Edmund beats Grigor Dimitrov to reach Australian Open semi-final

    Edmund showed great composure to do just that, saving three break points before taking his second opportunity to wrap it up. In the semi-final, Kyle Edmund will have another mammoth task on his hands as he faces either Marin Cilic or Rafael Nadal .
    1700 jobs at risk as Tesco simplifies operations

    1700 jobs at risk as Tesco simplifies operations

    Tesco is to cut 1,700 jobs from its branches and warehouses as part of its turnaround strategy for the company. Tesco said it would try to find alternative roles for the 1,700 staff affected "wherever possible".
  • Microsoft launches Xbox One X in India

    Microsoft launches Xbox One X in India

    It was introduced back in June at the E3 2017 conference but the company took over 6 months to bring it to Indian market. It claims to offer 326 GB/sec memory bandwidth for faster and detailed game graphics.
    Alexis Sanchez hits out at Arsenal legends following move to Manchester United

    Alexis Sanchez hits out at Arsenal legends following move to Manchester United

    Henrikh Mkhitaryan seemingly teased Arsenal fans as he celebrated his birthday with Manchester United team-mate Paul Pogba . Meanwhile Arsenal manager Arsene Wenger described the 29-year-old Mkhitaryan as "a very complete player".
    Man City boss Guardiola heaps praise on 'Messi-like' Sane performance

    Man City boss Guardiola heaps praise on 'Messi-like' Sane performance

    Jacob Murphy scored a second half goal to pull Newcastle to within one before Aguero finished his second hat trick of the season. But Liverpool midfielder Georginio Wijnaldum admits they will not be title contenders until they learn how to kill off matches.
  • BoJ keeps stimulus unchanged with nod to inflation progress

    BoJ keeps stimulus unchanged with nod to inflation progress

    But the BOJ offered a more upbeat view on inflation expectations, saying they were "moving sideways recently". In a small sign of progress, it said inflation expectations had stopped falling.
    Murdoch Nobbled Over Sky UK Deal

    Murdoch Nobbled Over Sky UK Deal

    The CMAs report does not factor in the deal agreed last month by Fox to sell assets including Sky to Disney for $52.4bn. It added: "We will continue to engage with the CMA ahead of the publication of the final report in May".

    Taking a Look at Shares of AMANAHRAYA REAL ESTATE INVESTMENT TRUST

    Four investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company's stock. The Resolution Capital Ltd holds 1.64M shares with $53.60M value, up from 1.62M last quarter. 285,379 are held by Pnc Svcs.
  • Karoline Pliskova comes back to defeat Barbora Strycova in fourth round

    Karoline Pliskova comes back to defeat Barbora Strycova in fourth round

    He could play Roger Federer next with the 19-time Grand Slam victor holding court in an evening match, as does Novak Djokovic. Kerber will face American Madison Keys, a 6-3, 6-2 victor over Spaniard Caroline Garcia.
    Shiv Sena won't ally with BJP for 2019 General and Assembly polls

    Shiv Sena won't ally with BJP for 2019 General and Assembly polls

    The announcement was made in Shiv Sena's National Executive meeting after the party passed a resolution to go solo. The national executive committee and deputy leaders were elected from among 180 members of the national executive.
    Wall Street hits record highs after deal to end USA  shutdown

    Wall Street hits record highs after deal to end USA shutdown

    In overseas trading, stock markets across the Asia-Pacific region turned in a mixed performance during trading on Monday. Oil prices dipped slightly, with USA crude down 0.08 percent to $63.26 per barrel and Brent at $68.68, up 0.1 percent.


Most liked

Impressive Jordan Ayew Stars As Swansea Stun Liverpool
Swansea produced one of the shocks of the season as Virgil van Dijk's Premier League debut for Liverpool turned into a nightmare. There was little respite for Swansea as Liverpool began to crank up the heat in the second half, but to no avail.

Cavaliers reportedly hold 'emotional' team meeting about Kevin Love's absence
He won't make the All-Star game but very few big men are impacting their team like he is. Cleveland players have reportedly been pointing fingers in a variety of directions.

The first 512GB microSD card is arriving next month
So the good news is that from February, you'll be able to lay out the readies on a 512 GB microSDXC card from Integral Memory. It was in November 2017 only, when we heard about SanDisk unveiling the world's highest capacity 400GB microSD card .

Pence Draws Applause, Some Heckles, For US Embassy Move To Jerusalem
The strike is meant to include shops, public transportation, banks and most of the public sector aside from schools and hospitals. US Vice President Mike Pence paid a visit to the Yad Vashem Holocaust Memorial on Monday, his second day of a visit to Israel.

Senate Democrats back bill reopening USA government: Schumer
The federal government, as of Sunday morning, remains closed, with no real apparent talks underway to reopen it. At 12:01 a.m. on Saturday the federal government shut down after the Senate blocked a short-term spending bill.

Man arrested for threatening to murder CNN employees
CNN said in a statement on Monday that it had been in contact with law enforcement officials and taken steps to protect its staff. Brandon Griesemer appeared in federal court in Detroit on Friday charged with using interstate communications to threaten injury.

1-magnitude quake hits Indonesia's capital, no tsunami warning issued
The tremor came as US Defense Secretary James Mattis was in Jakarta for an official visit. The 6.0 magnitude quake was centred offshore western Java at a depth of about 27 miles.

Tsunami watch issued for Hawaii after major Alaska quake
Officials in Japan are monitoring the situation but have not yet issued any tsunami warnings. Reports on social media suggest the tremors were felt as far south as Seatle and Vancouver.

Piece Of Me singer headlines Brighton Pride 2018
Since then, the residency generated over $140 million gross venue and sold almost 1 million tickets across over 250 shows. She will play a show at the O2 Arena in London on August 24 as well as the SSE Hydro Glasgow , Oslo, Antwerp and Dublin .

Pay attention to US-UK rapport, Rex Tillerson says
The government will remain shut until a bill can be passed outlining an agreement on spending by the federal government. Britain, France and Germany have expressed some willingness to work with the U.S.to prevent the deal from collapsing.

Did Kevin Spacey Cost Netflix $39 Million?
Several people, beginning with Star Trek actor Anthony Rapp, accused Spacey of sexual assault, causing the actor to be written out of several productions.

Flu activity remains widespread across Virginia and the country
For the first time medical staff went into the Island's 41 nurseries to administer the nasal spray to more than 900 children. In New York, state officials say a drastic rise in flu cases hospitalized more than 1,600 this past week.

Volcano eruption near Japan ski resort injures 9
Television news channels reported as many as 15 people may have been injured by rocks thrown out by the volcano. At around the same time, an avalanche struck the ski resort, sending 7 people to hospital.

USA shutdown to end as Senate Republicans and Democrats reach a deal
He also added that the short-term spending bill did not address disaster relief for Florida after Hurricane Irma. Democrats have withheld support for a temporary funding bill to keep the government open over the DACA issue.

Puerto Rico strikes to denationalise troubled energy firm
Proceeds from the sale of assets and contracts would be "used to capitalize the retirement funds of employees", Rossello said. Then, the governor said they will evaluate the offers based on their technical, economic and financial evaluation.