News Corp. in Advanced Talks With Facebook on Subscriptions


News Corp., publisher of the Wall Street Journal and the Times of London, is holding “very advanced” discussions with Facebook about subscriptions to its content online, CEO Officer Robert Thomson said.

“I’ve been talking with Facebook’s Mark Zuckerberg, exchanging thoughts, on how important it is that the value of content should be recognized,” Thomson said in an interview at a media industry conference on Wednesday in Turin, Italy. “We are in the middle of negotiations with Facebook on a subscription mechanic.”

Earlier at the conference, Thomson attacked the digital walled gardens used by technology companies such as Alphabet Inc.’s Google and Facebook. “They are made to keep people in, this is not free movement of people,” he said in the interview. “Particularly Google is a problem.”

News Corp., publisher of the Wall Street Journal and the Times of London, is holding “very advanced” discussions with Facebook about subscriptions to its content online, CEO Officer Robert Thomson said.

“I’ve been talking with Facebook’s Mark Zuckerberg, exchanging thoughts, on how important it is that the value of content should be recognized,” Thomson said in an interview at a media industry conference on Wednesday in Turin, Italy. “We are in the middle of negotiations with Facebook on a subscription mechanic.”

Earlier at the conference, Thomson attacked the digital walled gardens used by technology companies such as Alphabet Inc.’s Google and Facebook. “They are made to keep people in, this is not free movement of people,” he said in the interview. “Particularly Google is a problem.”

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