UPDATE 1-Facebook signs copyright agreement with some French publishers [Reuters]
LVMH-MOET H/L/V UNSP/ADR (LVMUY)
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Source: Reuters
By Mathieu Rosemain 3 Min Read * Paves the way for signing of individual licences * Copyright fees included in preliminary deal - source * Publishers not compelled to use Facebook News service (Adds details, background) PARIS, Oct 21 (Reuters) - Facebook said on Thursday it had signed a preliminary copyright agreement with a French news publishers’ lobby group, paving the way for it to pay for news content on its platforms in France. The accord takes the form of a “term sheet” of a few pages, a source close to the matter said, and follows months of talks with Alliance de la presse d’information generale (APIG), a lobby representing leading dailies such as Le Monde, Le Figaro and Les Echos. The preliminary deal lists the main principles of the accord and the copyright fees due to each of its members, the same source said. The “term sheet” will soon be followed by a framework agreement that will allow APIG’s members to sign individual licences with Facebook, the source said. There will
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