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Google signs deal with media companies for news content
Posted On 02 Oct 2020
Google will pay the media $ 1 billion over the next three years for its content, the company’s latest effort to ease tensions over its dominance of the news industry.
Google signs deal with media companies for news content
Google will pay the media $ 1 billion over the next three years for its content, the company’s latest effort to ease tensions over its dominance of the news industry.
Google Signs Deal with Media Outlets for News Content
The company announced Thursday that it has signed deals under its news partnership program with nearly 200 publications in Germany, Brazil, Argentina, Canada, the United Kingdom and Australia.
“This financial commitment – our largest to date – will pay the media to generate and select high-quality content for a different kind of online news experience,” CEO Sundar Pichai said in a blog post.
On Thursday, the Google News Showcase is launched in Brazil and Germany, including article panels that allow the media to upload their notes with tools such as timelines. It will appear first on Google News on Android, then on Apple iOS before being taken to Google Discover and Search.
Publications that have signed the agreement include Der Spiegel and Stern, from Germany, and the Brazilian Folha de S.Paulo.
Other tools like video, audio, and daily reports are in the works. Pichai said Google is working to expand the program to other countries, specifically India, Belgium and the Netherlands. It did not indicate whether the United States would be included.
Google and Facebook favor advertising
The funding is based on a news licensing program launched by Google in June as it tries to ease tensions with a struggling news industry. News companies want Google and its Silicon Valley rival Facebook to pay for the news content they extract from commercial media and take most of the advertising revenue.
However, there is still skepticism.
The Council for European Media noted that this is an attempt by Google to avoid laws and government actions that force them to negotiate.
“Many are a bit cynical about Google’s perceived strategy,” said Angela Mills Wade, executive director of the Council. “By launching a product, they can dictate terms and conditions, undermine laws designed to create conditions for fair trading while ensuring they are helping finance news production.” (I)
https://www.eluniverso.com/noticias/2020/10/01/nota/7998001/google-firma-acuerdo-empresas-medios-contente-noticioso
The company announced Thursday that it has signed agreements under its news partnership program with about 200 publications in Germany, Brazil, Argentina, Canada, the United Kingdom and Australia.
“This financial commitment – our largest to date – will pay the media to generate and select high-quality content for a different kind of online news experience,” CEO Sundar Pichai said in a blog post.
On Thursday, the Google News Showcase is launched in Brazil and Germany, including article panels that allow the media to upload their notes with tools such as timelines. It will appear first on Google News on Android, then on Apple iOS before being taken to Google Discover and Search.
Publications that have signed the agreement include Der Spiegel and Stern, from Germany, and the Brazilian Folha de S.Paulo.
Other tools like video, audio, and daily reports are in the works. Pichai said Google is working to expand the program to other countries, specifically India, Belgium and the Netherlands. It did not indicate whether the United States would be included.
Google and Facebook favor advertising
The funding is based on a news licensing program launched by Google in June as it tries to ease tensions with a struggling news industry. News companies want Google and its Silicon Valley rival Facebook to pay for the news content they extract from commercial media and take most of the advertising revenue.
However, there is still skepticism.
The Council for European Media noted that this is an attempt by Google to avoid laws and government actions that force them to negotiate.
“Many are a bit cynical about Google’s perceived strategy,” said Angela Mills Wade, executive director of the Council. “By launching a product, they can dictate terms and conditions, undermine laws designed to create conditions for fair trading while ensuring they are helping finance news production.” (I)
