Meta is currently attempting to persuade news firms to focus on short videos, which have seen the greatest increase in user interaction.
Aligning with the same, Meta has introduced a new News tab, which it has used as an enticement to form direct partnerships with publications in exchange for a percentage of income. The release statement explained that Meta Platforms is considering lowering the money it offers news organizations as it re-evaluates the agreements it made over the past few years.
Additionally, Meta is rethinking the utility of including news on its flagship Facebook app as part of its cost-cutting efforts.
