Facebook has struck content deals with Australia’s two largest Media companies - Nine Entertainment and Newscorp. 

 

Sources familiar with the deal said Newscorp would be paid for use of articles in Facebook’s soon-to-launch news and video services. 

 

The two agreements are in addition to deals with media companies including Seven West Media and Solstice Media. 

 

Other outlets including the ABC and The Guardian Australia are still negotiating the terms of their agreements.