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Google Pays $1 Billion For News Content

Google To Pay $1 Billion To News Publishers For Content On Google News 

Google Pays $1 Billion For News Content

Google Says It Will Pay Publishers $1 Billion Over The Next Three Years For Their News Content. Google Will Pay Publishers $1 Billion Over The Next Three Years For Their Content, The Company's Latest Effort To Defuse Tensions Over Its Dominance Of The News Industry.

Google Has Announced That The Company Will Be Paying Around $1 Billion Over Three Years To News Publishers For Content And To Support The Launch Of A New Product, Which Is Dubbed As Google News Showcase.

The Company Has Signed Agreements For New Partnerships With 200 Publications In Argentina, Canada, Brazil, Uk, And Australia.

Sundar Pichai, Ceo Of Google, Claimed That This Investment Of $1 Billion In News Publishers Is The Company’s Biggest Financial Commitment To Journalism So Far. He Added That With The New Google News Showcase, The Company Is Aiming To Create A “different Kind Of Online News Experience.”

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New Platform, Google Has Already Signed Licensing Deals With More Than 200 Publications In Select Countries. However, The Company Is Planning To Add More Publishers And Will Also Expand Geographically.

The Participating Publishers Will Be Able To Curate And Decide How To Present Their Content On The Platform. The Content Is Displayed As A “story Panel” And Publishers Can Use Timelines, Bullets, Or Related Articles To Tease The Story And Encourage Viewers To Click And Visit Their Website To Read More. As A Part Of The Program, Google Will Pay Some Publishers To Make The Paywalled Articles Free To Access To Non-subscribers. The Company Said Thursday That It Has Signed Agreements For Its News Partnership Program With Nearly 200 Publications In Germany, Brazil, Argentina, Canada, The U.k. And Australia.