Google to pay Canada news publishers $73m a year to keep news in search
by Blake Montgomery and agencies from on (#6GRW1)
Deal resolves tech giant's concerns over Online News Act, which makes big companies share advertising revenue with publishers
Canada and Google have reached a deal to keep links to news stories in search results and for the tech giant to pay $73.6m annually, or C$100m, to news publishers in the country.
The deal resolves Alphabet-owned Google's concerns over Canada's Online News Act, which seeks to make large internet companies share advertising revenue with news publishers in the country.
Continue reading...