Home topics news Image credit: Solen Feyissa News social media news Tech News Facebook makes multi-year deal with News Corp Guillermo Troncoso March 16, 2021 Facebook has made what may be its biggest news media deal yet in Australia, a big move forward on the bumpy road the social media giant has traversed with the Australian Government’s much-discussed media bargaining code . Facebook and News Corp have signed a three-year agreement, which will allow Facebook to share news and information coming from News Corp’s various news media entities. This amplifies Facebook’s dealing with News Corp; the two signed a similar deal in the United States in October 2019, with News Corp agreeing to receive payments in exchange for access to additional stories for Facebook News. ALSO READ – Australian media code becomes law as Facebook and Google make deals According to The Sydney Morning Herald ’s sources, the deal will find Facebook paying for the right to place articles in its soon-to-launch ‘News’ product and Facebook video product, Facebook Watch. The deal covers various News Corp arms, including national newspaper The Australian , site news.com.au, metropolitan mastheads such as The Daily Telegraph in New South Wales, Herald Sun in Victoria and The Courier-Mail in Queensland, as well as regional and community publications. “The agreement with Facebook is a landmark in transforming the terms of trade for journalism, and will have a material and meaningful impact on our Australian news businesses,” said News Corp Chief Executive Robert Thomson in a statement.