Meta inks AI content licensing deal with News Corp. for $50M per year: report [Seeking Alpha]
News Corporation - Class B (NWS)
US:NASDAQ Investor Relations:
investors.newscorp.com/investor-relations
Company Research
Source: Seeking Alpha
News Corp. shares rose 1.2% in extended trading on Tuesday, while Meta slipped fractionally. The deal Tech Trends That Matter Get fast, focused updates on the innovations, market shifts, and trends shaping the tech world. Subscribe to Tech Daily Sign Up Quick Insights The deal is reported to be worth $50 million per year for at least three years, suggesting a significant new revenue source for News Corp. News Corp. has diversified its content licensing with multiple AI companies, including lucrative deals with Meta and OpenAI, enhancing its monetization from emerging tech sectors. Legal challenges like The New York Times' lawsuit against AI companies highlight risks and uncertainty surrounding copyright and content use in these agreements.
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