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Wednesday, October 7, 2020

Google News: Google to pay $1 billion over 3 years to news publishers for his or her content

Google News: Google to pay $1 billion over 3 years to news publishers for his or her content


The payment is going to be remodeled on the internet for three years.

Google has decided to pay USD 1 billion to publishers globally for its news content. The news new product called Google News showcase is going to be launch first in Germany and in Brazil.

The payment is going to be remodeled on the internet for three years.

Google showcase is going to be unrolled in Belgium, India, Netherlands, and other countries.


Pichai launched Google News Showcase that features the editorial curation of award-winning newsrooms to offer readers more insight on the stories that matter, and within the process, helps publishers develop deeper relationships with their audiences.

In a blog post, Pichai said that Google can pay publishers to 'create and curate high-quality content' for quality news experience.

"We`ve signed partnerships for News Showcase with nearly 200 leading publications across Germany, Brazil, Argentina, Canada, the united kingdom and Australia. the amount of stories publications will grow as we work to expand News Showcase to other countries including India, Belgium and therefore the Netherlands," Pichai said during a blog post.

The product, which allows publishers to select and present their stories, will launch on Google News on Android devices and eventually on Apple devices. the merchandise will launch soon on Google News on iOS and can come to Google Discover and Search within the future.

The $1 billion investment is another step from Google to support the news industry.

The publications include award-winning national titles like Der Spiegel, Stern, Die Zeit, Folha de S.Paulo, Band, and Infobae, alongside regionally and locally significant publications like El Litoral, GZH, WAZ, and SooToday.

German publisher the Spiegel Group welcomed the project.

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

However, the European Publishers Council (EPC) wasn't hooked into the news. EPC includes publications like News UK, the Guardian, Pearson, the NY Times and Schibsted 


"By launching a product, they (Google) can dictate terms and conditions, undermine legislation designed to make conditions for a good negotiation, while claiming they're helping to fund news production," said EPC executive Angela Mills Wade.

In Germany Google has signed up with German newspapers including Der Spiegel, Stern, Die Zeit, and Brazil with Folha de S.Paulo, Band, and Infobae.




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