BUENOS AIRES: Social media giant Facebook will invest $1.5 million in Argentine media to train journalists and promote online development, a first in Latin America.
The agreement signed last week with almost 150 media outlets will allow 3,000 journalists to be trained, while also helping Facebook develop commercial agreements.
It’s part of the “Facebook Journalism Project” that involves collaboration with media all over the world.
The three-year Argentine investment aims “to support almost 150 media of every size and region in the country,” Julieta Shamma, Facebook’s head of strategic media partnerships in Latin America, told AFP.
The agreement involves commercial commitments with around 30 Argentine outlets including Clarin, La Nacion, Pagina12 and Infobae to attract more links to the Facebook platform.
“We’re collaborating with media to try different forms of helping people find news on Facebook and connect with them,” said Shamma.
Facebook will offer training in themes such as product development, format experimentation and using statistics, among others.
“We believe the digital transformation will create new opportunities for the news ecosystem, offering different possibilities to expand the audience through social and interactive formats, and to monetize content,” said Shamma.
Facebook has already invested $600 million worldwide since 2018 to support digital development in the news industry. The Silicon Valley-based company plans to invest another $1 billion in the next three years.
Facebook invests in new partnerships with Argentine press
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Facebook invests in new partnerships with Argentine press
- Facebook will invest $1.5 million in Argentine media to train journalists and promote online development
- The agreement is with 150 media outlets and will allow 3,000 journalists to be trained, while also helping Facebook develop commercial agreements
Saudi Media Forum expects large rollout of speakers, panels ahead of 5th edition
- More than 300 participants expected to discuss issues, challenges facing sector
- Leading platform for media exchange will explore ways to keep pace with a rapidly changing world
RIYADH: The fifth edition of the Saudi Media Forum due to kick off in early February is expected to attract more than 300 participants across hundreds of panels.
The forum aims to explore the future of media in a rapidly transforming world, reflecting the dynamic cultural and developmental landscape of the Saudi Arabia.
High-level editors, reporters, and speakers include Karen Elliott House, former executive editor of The Wall Street Journal; Julie Pace, executive editor and senior vice president of the Associated Press; and Ben Smith, co-founder and editor-in-chief of the global news platform Semafor.
The forum is a leading Saudi platform for media exchange and cooperation, fostering capacity building, stimulating innovation, and building bridges of communication locally and globally.
The fifth edition reaffirms the forum’s status as a pivotal event in the year of media transformation, bringing together the most prominent media figures to discuss the issues and challenges facing the sector, and ways to keep pace with a rapidly changing world.
The forum includes the Future of Media Exhibition, which will bring together government entities and private companies, both local and international, under one roof. Exhibitor pavilions will showcase the latest products and contributions in media, radio, and television. These pavilions, alongside the dedicated presentation platform, provide an opportunity for participants to share their innovations and specialized services with visitors.
The exhibition’s main stage will offer comprehensive insights into the media sector through panel discussions, dialogues, and workshops featuring local and international speakers, while also providing opportunities for signing cooperation agreements and partnerships.
