Meta has signed a multimillion dollar AI licensing deal with News Corp


Meta has signed an AI licensing deal with News Corp that will allow the creator of Meta AI to use content from The Wall Street Journal and other brands in its chatbot responses and for training its AI models. News Corp confirmed to Engadget that it has reached an agreement with Meta, but did not provide details on the terms of the arrangement. According to The Wall Street JournalMeta will pay News Corp. “up to $50 million a year” for a three-year deal that covers from The Journal, as well as other media giant brands in the US and UK.

News Corp previously struck a five-year deal with OpenAI which cost about $250 million. During a recent appearance at Morgan Stanley’s annual Technology, Media & Telecom (TMT) conference, News Corp CEO Robert Thomson announced that the media company is in “advanced stages of other negotiations.”

He describes the company’s general approach to such arrangements as “a woo and a sue” strategy, depending on whether companies want to pay for content or scrape it without permission. “We have what you might call a woo and a sue strategy,” he said. “We will court you. We want you to be our partner. But if you steal our things, we will prosecute you. So there will be a discount for those who surrender themselves, and there will be punishment for those who resist.”

Meta did not immediately respond to a request for comment. But the company, which is reorganizing its AI teams as it looks to do so next modelhas struck several licensing deals in recent months. ago signed multi-year agreements with USA Today, People, CNN, Fox News and other outlets.



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