Facebook Executive Makes Alarming Statement on the Future of their Social Media Platform

Do you like seeing stuff from AllenWestRepublic.com in your newsfeed? I certainly hope so! But if the Facebook powers that be have their way you may have to pay for it. Facebook is tossing around the idea of creating a subscription-based service to gain access to news stories, according to Campbell Brown who is the head of news partnerships at Facebook.

As written for The Daily Caller by Eric Lieberman:

Facebook is experimenting with a subscription-based service for access to news stories, according to an executive’s statement provided Wednesday to The Daily Caller News Foundation.

“We are in early talks with several news publishers about how we might better support subscription business models on Facebook,” said Campbell Brown, head of news partnerships at Facebook and a former CNN anchor. “As part of the Facebook Journalism Project, we are taking the time to work closely together with our partners and understand their needs,” she continued, referring to a proposal that may be integrated into a feature called Instant Articles.

The social media company turned tech conglomerate is considering making users pay for news content. The payment process, though, is still being determined, according to a source familiar with the proposal, so it is not clear if and how much of the profits will be going to the publishers or Facebook.

In cities like New York and Paris over the past few months, the company has been conducting both one-on-one and roundtable meetings with media executives to discuss their plans.

Many of the publications, like The New York Times and The Wall Street Journal, offer a certain amount of articles for free before restricting further articles behind a paywall. While a limit has not yet been set, preliminary discussions indicate the model may allow for around 10 free articles a month. But this may cause some dissonance since different publications have various thresholds for the amount of complimentary articles offered. Also, some, like The WSJ, for example, try to forbid internet users from employing “private” or “incognito” browsing modes to avoid its paywall, a purported capability that may become ineffective if Facebook doesn’t also utilize it.

READ MORE HERE:

Facebook Exec Says It May Start Making You Pay For The News

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