{"id":394236,"date":"2018-01-23T07:03:55","date_gmt":"2018-01-23T07:03:55","guid":{"rendered":"http:\/\/citifmonline.com\/?p=394236"},"modified":"2018-01-23T07:03:55","modified_gmt":"2018-01-23T07:03:55","slug":"rupert-murdoch-facebook-pay-news","status":"publish","type":"post","link":"https:\/\/citifmonline.com\/2018\/01\/rupert-murdoch-facebook-pay-news\/","title":{"rendered":"Rupert Murdoch: Facebook should pay for news"},"content":{"rendered":"

Media mogul Rupert Murdoch said Facebook should pay fees to publishers if it is committed to supporting accurate news.<\/p>\n

His statement comes as pressure mounts on the social network to quell the spread of misinformation.<\/p>\n

Facebook last week said it would survey its users and prioritise news sources they deemed “trustworthy”.<\/p>\n

Mr Murdoch, who controls titles including The Times and the Sun, said the proposals were “inadequate”.<\/p>\n

He said social media firms should pay publishers a fee in the same way that cable network operators pay for the channels they offer.<\/p>\n

“The publishers are obviously enhancing the value and integrity of Facebook through their news and content, but are not being adequately rewarded for those services,” Mr Murdoch said.<\/p>\n

“Carriage payments would have a minor impact on Facebook’s profits, but a major impact on the prospects for publishers and journalists.”<\/p>\n

Neither had he seen a subscription model that “truly recognises the investment in and the social value of professional journalism”, added Mr Murdoch, who also controls the Fox News cable channel in the US.<\/p>\n

Google and Facebook take the lion’s share of new advertising revenue – a shift that has hurt the newspapers, which produce most original news.<\/p>\n

Mr Murdoch is executive chairman of News Corp, which also owns the Wall Street Journal and a stable of newspapers in Australia and elswehere.<\/p>\n

The company’s revenue has declined in recent years and it reported a loss for the 2017 financial year.<\/p>\n

His comments come as Facebook admitted that social media posed a potential threat to democracy and pledged to tackle the problem head-on.<\/p>\n

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’re working diligently to neutralise these risks now.”<\/p>\n

He also elaborated on the decision to let Facebook’s users rank the “trustworthiness” of news sources: “We don’t want to be the arbiters of truth, nor do we imagine this is a role the world would want for us.”<\/p>\n

While acknowledging concerns over the rise of “echo chambers”, Mr Chakrabarti argued that the “best deterrent will ultimately be a discerning public”.<\/p>\n

Facebook and Google did not offer a response to Mr Murdoch’s comments.<\/p>\n

–<\/p>\n

Source: BBC<\/p>\n","protected":false},"excerpt":{"rendered":"

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