Facebook To Spend $5 Million In Paying Reporters To Join Its Local News Platform

Facebook says it’ll spend$ 5 million paying endemic intelligencers on a new publishing platform. Reuters reported the news on Thursday, saying independent intelligencers could begin applying for the program moment. The company is prioritizing intelligencers in areas without a breathing news source — sometimes called “ news comeuppance ” — who plan to cover “ Black, Indigenous, Latinx, Asian or other cults of color. ”

Facebook broadcast its new original news platform last month. The platform includes a complexion-publishing tool that lets newshounds launch newsletters and charge for subscriptions, as well as integration with breathing features like Facebook go-betweens and groups. Reuters reports that Facebook will strike multiyear deals with elected newsmen, who can earn else deep pocket through subscriptions.

Last month, Facebook called the platform an option for “ independent original newsmen who are hourly the lone voice covering a given community. ” It’s also fighting with other complexion-publishing platforms — particularly newsletter provider Substack. Substack launched a$ 1 million drive called Substack Local in mid-April, saying it would elect up to 30 original news newshounds to enter one-time advances of up to$. (Like Like forward-profile Substack Pro penmen, these newshounds will give up outside of their subscription proceeds for that time.) Operations for Substack Local near moment.

Facebook flashed a$ 5 million investment in original news programs last time. It’s also paid civil news outlets to publish content on its social network. But with this labor, it’s edifice individual near to an in-house news platform, rather than working with big outlets that have an hourly conflicted relationship to the company
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