In a surprise statement, News Corp executive chairman Rupert Murdoch called on Facebook to start paying publishers for content posted to the site.
Murdoch says Facebook and Google’s algorithms have become “inherently unreliable” for distributing news.
His statement comes after Facebook made two big changes to its News Feed algorithm that will demote posts from brands and publishers.
Facebook also said it would promote news from “trusted publishers” based on user surveys.
Rupert Murdoch, News Corp’s executive chairman, said in a statement Monday that Facebook should start paying publishers for content displayed on the site.
“The time has come to consider a different route,” Murdoch’s statement says. “If Facebook wants to recognize ‘trusted’ publishers then it should pay those publishers a carriage fee similar to the model adopted by cable companies.”
The statement comes over a week after Facebook announced a major change to the News Feed algorithm that will no longer favor as many posts from brands and publishers. Instead, Facebook will promote posts that are likely to encourage comments and discussion from people you’re close to.
Facebook said Friday night it would also favor news stories from “trusted” sources picked through surveys of Facebook users. However, it did not say which publishers were considered …read more
Source:: Businessinsider – Technology