Facebook is reportedly offering news publishers up to $3 million a year to license articles for an upcoming news section

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After suffering criticism for its role in spreading fake news and misinformation, Facebook is looking to license real news.

Facebook is offering millions of dollars to news publishers to license their content and include it in a special section of the social network, according to a report in the Wall Street Journal on Thursday. The report, which cites anonymous sources, said that Facebook executives have pitched the offer to publications including Bloomberg, The Washington Post, ABC News, and the Wall Street Journal's own parent company, Dow Jones.

Facebook is offering millions of dollars to news publishers to license their content and include it in a special section of the social network, according to a report in the Wall Street Journal on Thursday. The report, which cites anonymous sources, said that Facebook executives have pitched the offer to publications including Bloomberg, The Washington Post, ABC News, and the Wall Street Journal's own parent company, Dow Jones.

 

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