The social media giant Facebook has reached a multi-year pact to pay French publishers for resharing their content on its platforms.
In a statement, the company said that it is announcing a partnership with ‘Alliance’ in France.
“After constructive negotiations, this solution will further our investment in the news industry, and strengthen the news experience for both people and publishers on Facebook,” the social network said on Thursday.
Facebook News was launched in the US last year. The social network is planning to expand the platform to other countries including India, the UK, Germany, France, and Brazil.
“We believe that continued collaboration is the best path forward for both publishers and platforms — especially for the many people who now prefer to consume news online,” Alliance Chairman Pierre Louette said.
