Representatives from Facebook have told news executives they would be willing to pay as much as $3 million a year to license headlines and previews of articles from news outlets. "Facebook Offers News Outlets Millions of Dollars a Year to License Content -- Update," published at 4:30 p.m. ET, incorrectly stated in the second paragraph that the company's offer included licensing entire articles. The error also appeared in an earlier version of the article published at 4:00 p.m. ET

(END) Dow Jones Newswires

August 08, 2019 18:51 ET (22:51 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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