The three-year 'experiment' is over as Facebook and IG shift focus, again.
, Facebook’s parent company Meta is telling publishers it no longer plans to pay for the content it has been aggregating in the news tab.
According to the report, Meta spent about $105 million in three-year content deals for news , including $10 million for thepreviously reported that the rise of regulation forcing Facebook and other internet giants to pay for news caused the company’s waning enthusiasm and cited a source today saying the paid news push was an “experiment that ultimately didn’t pay off.
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