ACM signs letter of intent for Facebook news deal

Australian Community Media (ACM) is the latest publisher to enter into talks with Facebook which will see the latter pay for news published on its platform.

ACM announced it has signed a Letter Of Intent (LOI) for a multi-year agreement to provide news and information to millions of Australians through Facebook News, subject to both companies formally signing the deal.

Over 40 ACM regional, rural and suburban mastheads and publications will be covered by the agreement, including  Newcastle Herald, Canberra Times, Bendigo Advertiser, The Advocate, Katherine Times, Illawarra Mercury, and more.

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