• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, October 15, 2026
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Facebook plans to pay $5 million to local reporters in a newsletter push

by Arya Roy
May 1, 2021 - Updated On May 2, 2021
in Business, Tech, World
Reading Time: 2 mins read
0
Facebook plans to pay $5 million to local reporters in a newsletter push

Source: https://economictimes.indiatimes.com/topic/Facebook

TwitterWhatsappLinkedin

Facebook has recently announced that it plans to pay $5 million to independent local reporters and journalists beginning from today. Journalists will be given multi-year deals to help increase their readership and earn a stipend through an online platform.

You might also like

Jio Platforms IPO Price Band Set at Rs 1,119; Issue Could Raise Rs 30,213 Cr

Is realme 16 Pro+ 5G Worth Buying Around ₹55,000? 200MP Camera and 3.5x Telephoto Explained

5 Affordable Speechify Alternatives for Books and Everyday Reading

Local ournalists can sign up to work for Facebook's new program
Source: https://www.mediabistro.com/climb-the-ladder/skills-expertise/what-does-a-journalist-do/

Facebook’s decision is a result of several emails from newsletter platforms, particularly Substack, which have spoken about the issues that journalists face while covering stories and communities when they are usually the only ones doing so. Hence, Facebook’s program will prioritise journalists that cover events related to communities of colour, especially in areas where it is difficult to find such news. Focus will be placed on coverage related to Black, Asian, Latinx, Indigenous, and other readers. Reporters will have both creative and financial control over their work and can set their own prices.

While this is a major attraction for several journalists, the concept of self-publishing platforms is not new. Many reporters have left traditional media outlets, such as Vox Media and New York Times, to work for programs such as Substack and Patreon. This provides them with payment advances and the opportunity to earn from subscriptions.

However, this is not without its challenges. Facebook is facing competition from other similar platforms which provided self-publishing services. For example, in April, Substack Local announced an initiative worth $1 million. The initiative would select 30 local journalists and provide them with payments of $100,000 one year in advance. Applications for this program are closing today.

Moreover, Facebook has also faced criticism for its problematic relationship with news outlets in the past, and how this move might further contribute to this. While it must be acknowledged that independent reporters can benefit from this program, Facebook has had a long history suppressing particular news outlets and benefitting from the spread of fake news.

Furthermore, Facebook does not usually compensate news publishers for content on its platform. Many content writers or moderators are either not unionised or are paid very minimally. The apogee of this strained relationship occurred during a conflict with the Australian government over the issue of whether or not news outlets must be paid for their content on Facebook. Following this, Facebook stated that it intended to invest in the global news industry for three years, with the declared amount being $1 billion.

Despite this, Facebook has continued its efforts to ensure that its new program is as fair and inclusive as it promises to be. It announced that it would work with two Washington-based journalism organisations, the International Center for Journalists (ICFJ) and the National Association of Hispanic Journalists (NAHJ). This will be done to assess applications from reporters who hope to be part of the program and to provide selected reporters with access to experts and related services that might help them create a news-based business.

Tags: facebookSubstack
Tweet54SendShare15
Previous Post

NASA suspends SpaceX moon lander contract amid protests from Blue Origin & Dynetics

Next Post

Blue Origin to redefine tourism by giving tourists a taste of space

Arya Roy

Hi, this is Arya! Writing has always been a passion of mine, regardless of the topic I choose. Besides that, I am a huge foodie and music lover, whose interests range from world politics to horror films to everything in between.

Recommended For You

Jio Platforms IPO Price Band Set at Rs 1,119; Issue Could Raise Rs 30,213 Cr

by Ishaan Negi
October 15, 2026
0
Jio Platforms IPO Price Band Set at Rs 1,119; Issue Could Raise Rs 30,213 Cr

Jio Platforms Ltd, the digital services and telecom arm of Reliance Industries, has fixed the price band for its much-anticipated initial public offering (IPO) at Rs 1,065-1,119 per...

Read more

Is realme 16 Pro+ 5G Worth Buying Around ₹55,000? 200MP Camera and 3.5x Telephoto Explained

by Rohan Mathawan
October 15, 2026
0
Is realme 16 Pro+ 5G Worth Buying Around ₹55,000? 200MP Camera and 3.5x Telephoto Explained

For buyers in India looking for a smartphone with a 200MP main camera and a dedicated 3.5x optical telephoto camera, the realme 16 Pro+ 5G deserves a place...

Read more

5 Affordable Speechify Alternatives for Books and Everyday Reading

by Rohan Mathawan
October 15, 2026
0
Photo by Gülfer ERGİN on Unsplash

Speechify makes a convincing case for listening to books and articles, but its subscription may cost more than you want to spend on everyday reading. A useful alternative...

Read more
Next Post
Blue Origin to redefine tourism by giving tourists a taste of space

Blue Origin to redefine tourism by giving tourists a taste of space

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at info@techstory.in

Advertise With Us

Reach out at - info@techstory.in

Aviator Game India 2026

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment iPhone IPO Market Markets Meta Microsoft News OpenAI samsung Social Media SpaceX startup startups tech Tech news technology Tesla TikTok trend trending twitter US

© 2025 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2025 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?