Internet

Google agrees to pay media outlets $1 billion for publishing their news – Telegrafi


Google plans to pay global publishers $1 billion for their news over the next three years.

According to France24, the Telegraph reports, news publishers have long fought with the world’s most popular internet search engine for compensation for the use of their content.

CEO Sundar Pichai said the new product, called Google News Showcase, will launch first in Germany, where it has signed up German newspapers including Der Spiegel, Stern, Die Zeit, and in Brazil with Folha de S.Paulo, Band and Infobae.

It will continue in Belgium, India, Holland and other countries. About 200 publishers in Argentina, Australia, Britain, Brazil, Canada and Germany have signed up for the product.

“This financial commitment — our largest to date — will pay publishers to create high-quality content for a different kind of online news experience,” Pichai said.

The product, which allows publishers to curate and present their own events, will launch on Google News on Android devices and eventually on Apple devices.

“This approach is distinct from our other news products because it relies on the editorial choices individual publishers make about which events to tell readers and how to present them,” Pichai said.

And German publisher Spiegel Group welcomed the project.

“With News Showcase and the new integration of editorial content from Spiegel, Google shows that they are serious about supporting quality journalism in Germany. We are happy to be a part of it from the beginning,” said Stefan Ottlitz, managing director of the Spiegel Group.

The European Publishers Council (EPC), whose members include News UK, The Guardian, Pearson, The New York Times and Schibsted, however, are not enthusiastic.

“By launching a product, they (Google) can dictate terms and conditions, undermine legislation designed to create conditions for a fair negotiation, while claiming they are helping to fund news production,” said the EPC executive director. , Angela Mills Wade. /Telegraph/





READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.