News Corp CEO Attacks Social Media Companies for Not Sharing Ad Revenue with Publishers

(From Breitbart)

Bloomberg reports that News Corp CEO Robert Thomson, a long time critic of social media and top adviser to billionaire Rupert Murdoch, has referred to companies such as Facebook and Google as “bot-infested badlands,” “dysfunctional and sometimes dystopian,” and platforms for “the fake, the faux and the fallacious.” Now the 56-year-old CEO is attacking these companies for failing to pay publishers for their content. Thomson is now pushing for a system that Rupert Murdoch previously suggested, where social media companies would pay publishers a licensing fee, similar to what cable tv providers pay media companies.

Thomson oversees publications such as the Wall Street Journal, Dow Jones, and the New York Post, in a recent interview Thomson stated, “Too many publishers have been patsies. What you are seeing, at last, is more publishers are prepared to be more vocal and that eerie collective silence has been broken.” Facebook’s head of news partnerships, Campbell Brown, was not particularly forthcoming about whether or not Facebook planned to pay publishers in the future simply stating “I would never say never to anything.”

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