US EditionGoogle sends funds to journalism collective in exchange for Online News Act exemption
- Google is paying $100 million Canadian to news outlets to support journalism, which is considered essential, and help keep Canadians informed.
- The funding, about $20,000 per journalist at local outlets, will continue for at least five years and rise with inflation.
- The Online News Act, which became law in 2023, requires tech companies to compensate news publishers for their content.
- Canada's deal with Google aims to preserve journalism and support local news, particularly benefiting smaller publishers.
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castanet.net+38 Reposted by 38 other sources
Google sends funds to journalism collective in exchange for Online News Act exemption
Google has sent the $100 million it agreed to pay Canadian news outlets in exchange for an exemption from the Online News Act to a journalism organization designed to disperse the funds.
·Kelowna, Canada
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Google paid the equivalent of 67 million euros to Canadian media for the use of their content
The funds were donated to an organization created specifically to manage the distribution of this money to Canadian media, under an agreement between the government and the digital giant.
·Paris, France
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Sicamous Eagle Valley News+13 Reposted by 13 other sources
Google pays $100M to Canadian news fund for online news exemption
·Salmon Arm, Canada
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Total News Sources75
Leaning Left25Leaning Right5Center4Last UpdatedBias Distribution74% Left
Bias Distribution
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74% Left
L 74%
12%
15%
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