Facebook to invest in selected NZ newsrooms

Facebook will also work with publishers on “digital-first content strategies” as part of the new programme. (Image: Supplied)

Daniel Dunkley

Thu, 04 Nov 2021

Social media giant Facebook has unveiled plans to invest in New Zealand newsrooms, as the tech firm attempts to build relationships with publishers impacted by its dominance of digital advertising.The social network has outlined a “four-part commitment” to the NZ news sector that will lead to it investing in 12 publishers, and help them to grow digital revenue on and off the platform.The Mark Zuckerberg-controlled company, whose parent group rebranded to Meta last week, will select a dozen publishers from “regional, digital an...

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