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Facebook will start charging subscription fees?

Facebook will start charging subscription fees?
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Facebook has been dealing with a serious fake news problem for some time now. It's been so rampant that Mark Zuckerberg announced a plan of action to combat misinformation last November.

One problem is, many phony stories are put together so well it can be difficult for people to distinguish between what's real and what's fake. That's why it's important to get your news from reliable sources. Now, Facebook will begin charging users to read some of these stories.

Will Facebook start charging for news?

We're talking about a feature on Facebook's app called Instant Articles. It's a mobile publishing format that allows news publishers to post articles to Facebook's app that load and display nearly 10 times faster than the standard mobile web.

The feature currently doesn't allow for paywalls. That makes it hard for publishers who charge for content to get paid. Some publishers have been complaining that they have lost control and revenue by having their stories posted to Facebook for free.

To resolve the issue, Facebook will begin limiting the number of news stories that can be read on its site for free that originate from publishers who charge to read their content. Starting in October, the number of free stories that can be read on Instant Articles will be limited to 10. After that, the user will be directed to the publishers' website and asked to purchase a subscription.

Facebook's head of news partnerships, Campbell Brown, told "TheStreet" that, "One of the things we heard in our initial meetings from many newspapers and digital publishers is that 'we want a subscription product' - we want to be able to see a paywall in Facebook."

Details of the deal have yet to be announced. It's possible that Facebook could receive a portion of any subscriptions that are initiated through its app.

I know not everyone is willing to pay for news these days. That's why newspapers have been struggling and going out of business for years. However, subscribing to a trusted news site is a great way to filter out the fake news.

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