Facebook signs deals with Private Media, Schwartz Media and Solstice Media
Independent news companies Private Media, Schwartz Media, Solstice Media – three of the first outlets to sign up to Google News Showcase – have entered into deals with Facebook, three days after Seven did the same, hours after the platform backflipped on its local news ban, which came into effect this morning.
The businesses have signed letters of intent to be paid for news content, including usually paywalled content, on Facebook, and the commercial agreements will be formalised when a full agreement is signed within 60 days.
