Facebook to Funnel Millions of Dollars to Mainstream Media | Breitbart

Facebook to Funnel Millions of Dollars to Mainstream Media | Breitbart:

Facebook has offered millions of dollars to mainstream news outlets in order to license their content, according to a recent report in the Wall Street Journal.  In addition to the WSJ‘s parent company, Dow Jones media, the social network has reportedly approached ABC News, the Washington Post, and Bloomberg. According to the report, Facebook is offering outlets $3 million a year to use content in a new “news tab,” which will feature headlines and previews of articles.