Google will pay publishers $ 1 billion in news fees over three years
Google will pay publishers $ 1 billion in news fees over three years

The CEO of Google said, Thursday, that the company plans to pay one billion dollars to global publishers over the next three years to publish its news on search engines. The move could help news publishers gain support in light of the heavy government oversight the company faces at all levels. Globalism.

For a long time, news publishers struggled with the world's most popular internet search engines to get compensation for their content, and European media led the way.

CEO Sundar Pichai said: The new product called Google News Showcase will be launched for the first time in Germany, with popular German newspapers such as Der Spiegel, Stern and Die Zeit as well as Folha de S. Paulo in Brazil. Band and Infobae.

New products are also launched in Belgium, India, the Netherlands and other countries. In Argentina, Australia, the United Kingdom, Brazil, Canada and Germany, around 200 publishers have subscribed to the product.

"This financial commitment - our biggest commitment to date - will drive publishers to create high-quality content and sponsor another online news experience," Pichai said in the company’s blog post.

It should be noted that the net income of the parent company of Google Alphabet was $ 34.3 billion last year, and revenues were about $ 162 billion.

The product allows publishers to choose and display their stories. The product will be published on Google News on Android devices and then on Apple mobile devices.

"This approach differs from our other media products," Pichai said. This is based on the editorial decisions of individual publishers as to which stories to show to readers and how. ''

When Der Spiegel praised the project, the Council of European Publishers (made up of members of the British news agency The Guardian, Pearson, The New York Times and Hipster) was not enthusiastic.

The product is based on licensing agreements signed with media groups in Australia, Brazil and Germany in June and raised dissatisfaction in the European Publishers Council.

It should be noted that Google's funding of news agencies has frustrated other internet publishers such as weather sites and revenue tools who said: Google hurt their revenues.

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