Facebook to pay News Corp for content in Australia

Facebook has agreed to pay Rupert Murdoch's News Corp Australia for journalism from its local mastheads.

The deal was secured just weeks after Australia passed a controversial world-first law aimed at making tech platforms pay for news content.

News Corp has not disclosed the value of the three-year contract in Australia. Last month, it clinched a global deal with Google.

Mr Murdoch's media empire began with his Australian newspapers.

The deal covers all of News Corp's content in the country - which is a significant amount.

News Corp Australia controls about 70% of newspaper circulation in Australia with titles including The Australian, The Daily Telegraph and The Herald Sun.