Facebook has been working hard on its news features over the past few months. And now, according to The Wall Street Journal, the social network is building a feature to allow its users to subscribe to various news publications.
Although there are still details that have not been announced, Wall Street reports that the feature will be available at the end of 2017 through Facebook’s mobile app.
The company is allegedly leaning toward a model that would let you read certain articles for free every month, before being prompted to pay. How payments would be processed and whether Facebook would get a cut of the revenue, are things still under discussion.
People familiar with the matter have stated that the upcoming feature would be a boon to publishers who are increasingly emphasising digital subscriptions to power revenue growth, including the The Wall Street Journal, the New York Times, the Washington Post and the Financial Times.
“We’re working with partners to understand their business and explore ways we can help them drive more value from Facebook. We are taking the time to deeply understand their different goals and needs,” Facebook said in a statement.
Well, with this new feature, it seems like Facebook has plans of dethroning Google News.