Meta’s Done With Paying News Publishers on Facebook
Photo: JOSH EDELSON/AFP (Getty Images)Several news publishers are going to be out millions of dollars as Meta is now saying, in a very subdued way, there’s no place for dedicated news systems on its ever-more algorithmically based social platforms.Axios reported based on anonymous sources from inside Facebook that the company is officially backing out from its contracts with major news publishers. The news was later all but explicitly confirmed by a spokesperson from Meta, Facebook’s parent company.“A lot has changed!-->!-->!-->!-->!-->…