Facebook News debuts with 'free money' for publishers

Facebook opened a news hub today, where it pays publishers to host their headlines and drive visitors to their websites as a way to make amends with the industry that has been battered by the rise of the social network and other platforms. CEO Mark Zuckerberg is due to host media partners at an event in New York City today to unveil Facebook News. Publishers have been working with Facebook for months to launch the news service, including The Washington Post, The Wall Street Journal, BuzzFeed, CNN, Fox News, Bloomberg News, Meredith Corp., Condé Nast, Hearst and others. Facebook’s news initiative is the latest in a long line of products that have been tested by the social network to improve media fortunes on the platform. Over the years, Facebook has built fast-loading Instant Articles; a “suggested videos” tab, which highlighted videos from prominent publishing partners; and Watch, the YouTube video rival. Facebook has proved frustrating for many media companies, despite all the products. Publishers have been critical of Facebook, Google, Apple and others for making billions of dollars from services that thrive on their content without sharing much of the spoils. Here’s what we know about Facebook’s latest news product: Why now? Look no further than  Zuckerberg’s interrogation on Capitol Hill this week to figure out why Facebook is searching for goodwill anywhere it can get it. The hearing was ostensibly about Libra, a cryptocurrency passion-project from Facebook... Continue reading at 'Advertising Age'

[ Advertising Age | 2019-10-25 10:00:00 UTC ]

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Dean Baquet, Marty Baron, and protecting the institution

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[ Columbia Journalism Review | 2020-06-29 12:20:58 UTC ]
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A Summary and Analysis of Nathaniel Hawthorne’s ‘Young Goodman Brown’

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[ Interesting Literature | 2020-06-24 14:00:49 UTC ]
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Is the Facebook Ad Boycott an Opportunity for Publishers?

In less than one week, a campaign by a coalition of civil rights groups aimed at encouraging businesses to pause advertising on Facebook's platforms has already achieved some tangible results. Last Thursday, the digital ad agency 360i, a Dentsu Group subsidiary whose clients include Burberry,... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-23 18:20:35 UTC ]
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Robert Granfeldt Named General Manager of Hearst Texas Panhandle Properties, MRT

Robert Granfeldt has been named general manager of the Midland Reporter-Telegram and Texas Panhandle properties for Hearst Communications. The Panhandle Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-16 21:40:30 UTC ]
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Palm Coast Data to Lay Off Staff, Outsource Services and Vacate HQ

Magazine fulfillment services provider Palm Coast Data will lay off up to 150 of its 400 employees, outsource some key operations to competitor CDS Global and leave its Northeast Florida headquarters for a smaller facility in the region by mid-August. The news comes shortly after the conclusion... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-16 15:17:21 UTC ]
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Operations: How the Hearst Media Connecticut Group is Navigating Through the COVID-19 Crisis

Newspapers have endured tremendous change over the past few decades but perhaps no time stands out quite like what we’re Continue reading at Editor & Publisher

[ Editor & Publisher | 2020-06-15 07:00:15 UTC ]
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ABA's Priority Is 'Keeping Bookstores Open'

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[ Publishers Weekly | 2020-06-12 04:00:00 UTC ]
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Harper’s Bazaar Names Samira Nasr Its Next EIC | People on the Move

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[ Folio Magazine | 2020-06-10 15:53:10 UTC ]
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Harper’s Bazaar Appoints First Woman of Color as Top Editor

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[ The New York Times | 2020-06-10 01:35:04 UTC ]
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[ Folio Magazine | 2020-06-09 15:00:08 UTC ]
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Refinery29 EIC Steps Down After Former Staffers Allege “Toxic” Culture

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[ Folio Magazine | 2020-06-08 17:01:08 UTC ]
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Shout-Outs to Publishers Giving Back to Their Communities| June 5

Shortly after the COVID-19 pandemic hit the U.S., we began recognizing publishers who, despite having their own challenges, stepped up and helped out their communities. We’ve recognized more than 30 such publishers so far, but that only scratches the surface on the acts of kindness from around... Continue reading at Folio Magazine

[ Folio Magazine | 2020-06-05 15:54:15 UTC ]
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NYT Mag Wins Big at Virtual National Magazine Awards

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[ Folio Magazine | 2020-05-29 01:15:13 UTC ]
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BookExpo 2020: Public Libraries and the Pandemic

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[ Publishers Weekly | 2020-05-22 04:00:00 UTC ]
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[ Digiday | 2020-05-21 13:49:23 UTC ]
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[ The New York Times | 2020-05-14 15:03:20 UTC ]
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[ Columbia Journalism Review | 2020-05-11 12:05:11 UTC ]
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[ World Literature Today | 2020-05-06 13:13:29 UTC ]
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[ Folio Magazine | 2020-05-05 17:51:11 UTC ]
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[ Folio Magazine | 2020-05-04 19:08:35 UTC ]
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