"Meta will pay News Corp. "up to $50 million a year" for a three-year deal that covers content from The Journal, as well as the media giant's other brands in the US and UK."
"We have what you might call a woo and a sue strategy. We'll woo you. We'd like you to be our partner. But if you're stealing our stuff, we are going to sue you. So there'll be a discount for those who hand themselves in, and there'll be a penalty for those that resist."
"Meta, which has been reorganizing its AI teams as it looks to create its next model, has struck a number of licensing deals in recent months. It previously signed multi-year agreements with USA Today, People, CNN, Fox News and other outlets."
Meta has secured an AI licensing agreement with News Corp to incorporate content from The Wall Street Journal and other News Corp brands into its AI chatbot and model training. The deal is valued at up to $50 million per year over three years, covering US and UK content. This follows News Corp's larger $250 million five-year agreement with OpenAI. News Corp CEO Robert Thomson outlined a "woo and a sue" strategy, offering discounts to companies that license content while pursuing legal action against those scraping without permission. Meta has recently expanded its content licensing portfolio, signing agreements with USA Today, People, CNN, Fox News, and other media outlets as it develops new AI models.
#ai-licensing-deals #meta-ai-training #news-corp-content-partnership #media-licensing-strategy #ai-model-development
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