Meta Platforms has entered a multiyear artificial intelligence content licensing agreement with News Corp, compensating the media giant up to $50 million annually for at least three years.
This strategic partnership grants Meta access to News Corp's extensive content, including archives from its U.S. and U.K. properties like the Wall Street Journal. The primary objective for Meta is to leverage this content for training its AI models and to provide real-time information to users through its AI products, such as chatbots.
This agreement highlights a growing trend where technology companies are increasingly recognizing and financially valuing high-quality, verified news content as essential for the development and accuracy of their AI systems. For News Corp, the deal represents a significant new revenue stream, demonstrating a successful model for media companies to monetize their intellectual property in the evolving AI landscape.
Originally reported as: “News Corp, Meta in AI Content Licensing Deal Worth Up to $50 Million a Year”
