Nearly two-thirds of Google’s $100-million media fund will go to print, digital media: source - News Summed Up

Nearly two-thirds of Google’s $100-million media fund will go to print, digital media: source


Nearly two-thirds of the $100 million Google must give to news outlets across the country each year will be distributed to print and digital media, with the remaining third being split between CBC/Radio-Canada and private broadcasters, CBC News has learned. Google's deal requires it to pay $100 million a year, indexed to inflation. Facebook escaped the need to strike its own deal by no longer sharing links to news pages. As part of the deal, Google provided assurances that Canadian news outlets will be treated fairly in comparison with deals it might strike with news media in other countries. Critics of the bill have said legacy media outlets that employ most of Canada's journalists will benefit most from the fund, while minority-language, community, Indigenous and independent news outlets could receive far less.


Source: CBC News December 15, 2023 15:50 UTC



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