Thursday, 12 December 2019 | 05:44 WIB

Facebook Considers Developing Special Tab for News Content

Facebook Considers Developing Special Tab for News Content (special)

JAKARTA, NETRALNEWS.COM -- Facebook Inc. Chief Executive Officer Mark Zuckerberg says the company is considering building a special tab on social networking for news, and was willing to pay publishers for high-quality news content.

This is a change from the priority set by Zuckerberg last year, which focused on friends and family content in news feeds, shifting from other types of posts. Now, he said, quality news sources can help Facebook users make more informed decisions.

"It is important to me that we help people get reliable news and find solutions that help journalists around the world do their important work," Zuckerberg said, as quoted by the Indian Express.

Zuckerberg made a comment in a discussion with CEO of Axel Springer SE Mathias Doepfner, who runs the largest publisher in Europe. Social network leaders may have other reasons for adopting new priorities: companies face new EU copyright rules that will require them to compensate publishers and makers of news articles, songs and videos that appear on their websites.

Over the past decade, Facebook's news feed algorithms have emphasized emotionally driven content and shared - the forces that shape the news industry and led to internet clickbait and misinformation, and make things more difficult for local news publishers who cannot achieve enough scale to make money.

Now, Facebook has sought to repair some of the damage through product changes, as well as small payments for third-party fact inspectors and local news groups.

Still according to the Indian Express, the idea that Facebook will pay publishers to organize their journalism on social networks has long been the dream of media executives.

News Corp. CEO Robert Thomson has asked Facebook to pay publishers in the same way as cable TV companies pay to carry cable channels such as ESPN or CNN.

BuzzFeed co-founder Jonah Peretti also said that Facebook must share more revenue generated by its News Feed with media outlets.

"We hope that Mark's words will be followed by concrete steps towards new business models that recognize and balance the work of quality journalism," Thomson said.