2. NEW: Facebook accelerates News Tab launch abroad
Facebook is expediting the launch of its Facebook News tab in countries beyond the U.S., the company will announce Tuesday.
- Sources tell Axios that Facebook is working out deals to pay publishers in several countries to include their content in the News tab, just as the firm does in the U.S.
Yes, but: One notable absence from the list of countries is Australia.
- A source confirms that the company likely won't be launching Facebook News there for the foreseeable future, because of a battle Facebook is fighting with Australian regulators who intend to require the platform to pay news companies on the regulators' terms.
Details: Facebook is looking to accelerate the launch of Facebook News in multiple countries within the next 6-12 months, including the U.K., Germany, France, India and Brazil.
- As is true in the U.S., not all participating publishers will necessarily be paid, and publishers that produce more content will likely receive bigger payouts.
Be smart: It's notable that Facebook is in the early stages of launching a News tab in France, given that regulators in that country were the first to ratify a new EU copyright law last year that requires tech firms to negotiate paying publishers for their content or risk being regulated.
Our thought bubble: By starting to negotiate payout deals with publishers now, Facebook could avoid having regulators, particularly in European countries, establish terms that might be less favorable.