Facebook on Tuesday announced a $3 million pilot project aimed at helping US newspapers boost paid digital subscriptions.
The
move was the latest by the huge social network to respond to concerns
that it and other online platforms have hurt news organizations by
dominating internet advertising.
The "local news
subscriptions accelerator," part of the Facebook Journalism Project,
will work with a small group of metro news organizations "to unlock
strategies that help publishers build digital customer acquisitions on
and off our platform," said a statement from Campbell Brown, Facebook's
head of news partnerships.
Facebook recently took steps
to enable publishers to encourage paid subscriptions directly from the
social network, moving away from requirements that news organizations
offer free content in links from Facebook.
The new initiative builds on that effort by offering guidance to publishers to help their digital initiatives.
"We know Facebook is one part of the strategy to engage readers and ultimately drive paid subscriptions," Brown said.
Facebook will offer "coaching from digital subscription experts" to help build reader engagement, she added.
The
effort by Facebook comes amid ongoing woes of legacy news organizations
which have had trouble replacing revenues lost from print advertising
in the digital space, with many outlets implementing new or revised
"paywalls."
Facebook said it is working in the project with the Atlanta
Journal-Constitution, Boston Globe, Chicago Tribune, Dallas Morning
News, Denver Post, Miami Herald, Minneapolis Star Tribune, Omaha
World-Herald, Philadelphia Inquirer, Seattle Times, San Francisco
Chronicle, The Tennessean and Newsday.
Brown
said Facebook would coordinate with the Lenfest Institute for
Journalism to share findings through the Local Media Consortium, Local
Media Association, and the News Media Alliance.
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