Decade-old website Scribd has struck a deal with several news organisations with the intent of creating a platform which would allow users to pay a single fee to access content from multiple publishers.
The site has reached agreements with news organisations The New York Times, The Wall Street Journal, The Guardian and Financial Times, among others. The idea is that on top of general interest, the site would recommend articles based on interests.
The biggest drawback of the agreement is that Scribd does not offer ads, meaning publishers can ot monetise articles per impression on the platform.
Readers currently pay $US8.99 per month for Scribd’s service, for which they have access to three books, one audiobook and unlimited magazines and documents.
EU puts pressure on social media to tackle hate speech.
The European Union has approved proposals to put the onus on social media platforms like Facebook, Google and Twitter to remove hate speech on their sites.
The proposals are primarily focused on video, with the companies expected to take measures to block and remove content containing hate speech, incitement to hatred and content justifying terrorism.
The announcement on Tuesday follows the Manchester massacre, a terrorist incident that killed 22 people and injured for than 100 [link].
Facebook strikes deals with millennial publishers
Facebook is believed to be introducing a video service, which will feature content from millennial-focused brands Buzzfeed, Vox Media and Group Nine Media.
Reuters reports that the social media company will commission a variety of scripted and unscripted shows ranging from five to 20 minutes. While Facebook will not own the content, it will offer ad breaks within the video, putting it in direct competition with Google’s YouTube Red.
The move is said to be a response to investors’ want for “anchor content”.
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