Regional media publisher Australian Community Media (ACM) has signed a Letter of Intent (LOI) with Facebook over payment for news content.
As part of the multi-year deal, more than 40 ACM titles, including Newcastle Herald, Canberra Times and The Advocate, will provide news content to Facebook News.
“We’re passionate about keeping our communities strong, informed and connected and this partnership will ensure our trusted regional and rural news will reach new audiences,” says ACM managing director Tony Kendall.
“The support also enables ACM to continue to build our digital platforms and grow our audience for our original news.”
Facebook also recently finalised a deal with Seven West Media.
“This LOI solidifies our partnership and gives us access to premium local news to support our upcoming Facebook News product that we plan to bring to Australia,” says Facebook AUNZ news partnership lead Andrew Hunter.
“We are committed to help publishers reach news audiences and build sustainable business models. We are continuing to invest in programs to support journalism and our agreement with ACM continues our work with the news community in Australia.”
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