News Corp in talks over content fee deal with Facebook, Google

Original article by Lilly Vitorovich
The Australian – Page: 21 : 9-Nov-18

News Corp CEO Robert Thomson says it is holding discussions with Facebook, Google and Amazon over the payment by them of a content carriage fee for distributing its content. Thomson made his remarks as News Corp revealed revenue for its most recent quarter was up 23 per cent. He said the current financial year was off to "an impressive start", and that News Corp was continuing to focus on "digital development". News Corp’s shares rose by 4.2 per cent on 8 November on the back of its latest results announcement.

CORPORATES
NEWS CORPORATION – ASX NWS, FACEBOOK INCORPORATED, GOOGLE INCORPORATED, AMAZON.COM INCORPORATED, REA GROUP LIMITED – ASX REA

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