Facebook says it’s going to try to help journalism ‘thrive’ – Recode (Jan 11, 2017)
This news (FB’s own blog post here) should obviously be taken together with the hiring of Campbell Brown as head of news partnerships at Facebook, announced last week. It’s easy to see this as being about the whole fake news story, and there’s an element of that, but this goes much further than that. What’s interesting is the number of value judgments in Facebook’s own post about this – it isn’t neutral here when it comes to fostering news sites, and local news in particular. That’s clearly in its interests, but it goes further than that too. It’s also very sensibly looking at business models beyond display ads for monetizing news content on Facebook, something the industry needs as Facebook becomes the place where many of their readers consume their content.
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