Nine’s Google and Facebook deals could last ’30 years, 50 years, 100 years’
Nine’s outgoing chief executive, Hugh Marks, has expressed confidence in ongoing negotiations with Facebook, but told Mumbrella there are “things that are probably present in those terms at the moment that we wouldn’t agree to”.
The company will also not confirm its Google News Showcase deal until “we reach concluded long form documents”, he asserted.
Earlier this month, Nine’s masthead The Sydney Morning Herald reported the business had struck a licensing deal with Google after competitor Seven and smaller publishers such as Junkee, Australian Community Media, and Schwartz Media signed on to News Showcase. But Nine is yet to confirm the deal, or announce it on the stock exchange.
