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Exclusive: Google paying more than 300 EU publishers for news, more to come
Global Banking & Finance Review®
Company
By Foo Yun Chee
BRUSSELS (Reuters) – Alphabet unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters.
The move to be announced publicly later on Wednesday followed the adoption of landmark EU copyright rules three years ago that require Google and other online platforms to pay musicians, performers, authors, news publishers and journalists for using their work.
News publishers, among Google’s fiercest critics, have long urged governments to ensure online platforms pay fair remuneration for their content. Australia last year made such payments mandatory while Canada introduced similar legislation last month.
“So far, we have agreements which cover more than 300 national, local and specialist news publications in Germany, Hungary, France, Austria, the Netherlands and Ireland, with many more discussions ongoing,” Sulina Connal, director for news and publishing partnerships, said in blogpost seen by Reuters and expected to be published later on Wednesday. The blog did not say how much publishers were being paid.
Two-thirds of this group are German publishers including Der Spiegel, Die Zeit and Frankfurter Allgemeine Zeitung.
“We are now announcing the launch of a new tool to make offers to thousands more news publishers, starting in Germany and Hungary, and rolling out to other EU countries over the coming months,” Connal said in the blogpost.
The tool offers publishers an extended news preview agreement that allows Google to show snippets and thumbnails for a licensing fee.
(Reporting by Foo Yun Chee; Editing by Lisa Shumaker)
Copyright is a legal term that grants the creator of original works exclusive rights to their use and distribution, typically for a limited time, with the intention of enabling the creator to receive compensation for their intellectual investment.
A publisher is an individual or company that prepares and issues books, journals, or other content for distribution and sale, often taking responsibility for the content's editing, design, and marketing.
Remuneration refers to the total compensation or payment received by an employee or service provider for their work or services, which may include salary, wages, bonuses, and benefits.
Digital transformation is the process of using digital technologies to create new or modify existing business processes, culture, and customer experiences to meet changing business and market requirements.
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