Mark Zuckerberg recently announced Facebook’s intention to launch a new news service. In conversation with Axel Springer CEO’s Mathias Döpfner, Zuckerberg discussed the need for this service to enable and strengthen the following:
- High quality, trustworthy journalism and consideration of the level to which it should or shouldn’t be curated;
- Monetisation, to ensure fairness to publishers, given Facebook is on the way to becoming a publisher itself;
- Local journalism, which while absolutely critical, has found it difficult to find its place in the digital age; and
- Innovation and independent journalism.
Zuckerberg was emphatic that Facebook doesn’t “want to build this in a vacuum” and that they are engaging with publishers and industry experts to determine how this service will work.
Watch the discussion here.