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Rupert Murdoch
Rupert Murdoch attends the WSJ. Magazine 2017 Innovator Awards at The Museum of Modern Art on Wednesday, Nov. 1, 2017, in New York. (Photo by Evan Agostini/Invision/AP)

Media mogul Rupert Murdoch said Facebook should pay for news

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Media mogul Rupert Murdoch says Facebook should pay fees to "trusted" news producers for their content.

Murdoch, whose companies own The Wall Street Journal, Fox News, the New York Post and other media properties, said, "If Facebook wants to recognize ‘trusted’ publishers then it should pay those publishers a carriage fee similar to the model adopted by cable companies,” the News Corp chairman said in a statement. “The publishers are obviously enhancing the value and integrity of Facebook through their news and content but are not being adequately rewarded for those services.”

The news industry has struggled as print advertising erodes. Online, meanwhile, Facebook and Google dominate, together taking nearly half of global digital ad revenue, according to eMarketer.

Murdoch has previously criticized Google for the "theft" of news stories without payment.

On Friday, CEO Mark Zuckerberg announced that Facebook would begin prioritizing news outlets based on how “trustworthy” they are, with trustworthiness scores determined by user feedback on the site. Zuckerberg also said that the amount of news users see on their news feed will be reduced by 20%.

The Associated Press contributed to this report.

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