Facebook Paying for News Content from Fox and Others
Facebook (FB) is paying television networks and other news organizations to produce original news content for its Watch platform. 21st Century Fox’s (FOX) (FOXA) Fox News Channel, Time Warner’s (TWX) CNN, Walt Disney’s (DIS) ABC News, and Univision are among Facebook’s news programming partners. The partners supply Facebook with a variety of content, including breaking news coverage, daily briefings, and long-form weekly series, according to a company announcement. ...