Facebook signs pay deals with 3 Australian news publishers

Facebook announced on Friday preliminary agreements with three Australian publishers, a day after the Parliament passed a law that would make the digital giants pay for news. Facebook said letters of intent had been signed with independent news organizations Private Media, Schwartz Media and Solstice Media.

The commercial agreements are subject to the signing of full agreements within the next 60 days, a Facebook statement said. ”These agreements will bring a new slate of premium journalism, including some previously paywalled content, to Facebook,” the statement said. Schwartz Media chief executive Rebecca Costello said the deal would help her company continue to produce independent journalism. ”It’s never been more important than it is now to have a plurality of voices in the Australian press,” Costello said in the Facebook statement. Private Media chief executive Will Hayward said the new deal built on an existing Facebook partnership. Australia’s Parliament on Thursday had passed the final amendments to the so-called News Media Bargaining Code.