News Corp CEO: We’re Still Haggling with Facebook

Deadline: News Corp CEO Robert Thomson said “the terms of trade for content are changing fundamentally,” citing a global news sharing deal the company signed last week with Google. Thomson said News Corp “continues to haggle” with Facebook. He called the payments “akin to retrans, or retrans 2.0” — referring to the revenue-enhancing fees multichannel video programming distributors like cable operators pay broadcasters to carry local programming.