Google signs 5-year deal to pay for news from AFP - News Facts Network

Author of the article: OAKLAND — Alphabet Inc’s Google will begin paying Agence France-Presse for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law. News organizations, which have been losing ad revenue to online aggregators…

Share this:

Alphabet Inc’s Google will begin paying Agence France-Presse for its news content as part of broad five-year partnership announced Wednesday that marks one of the biggest licensing deals struck by a tech giant under a new French law.

News organizations, which have been losing ad revenue to online aggregators such as Google and Facebook, have complained for years about the tech companies using stories in search results or other features without payment.

New laws in France and Australia – fueled by media lobbying and public pressure – have given publishers greater leverage, leading to a slew of licensing deals around the world collectively worth billions of dollars.

The AFP accord follows France enacting a copyright law that creates “neighboring rights,” requiring big tech companies to open talks with news publishers that want a licensing payment.

Google declined to disclose financial terms of the deal, but confirmed it would run for five years.

Read Full Story
Financial Post Rating

Related

Discover more from News Facts Network

Subscribe to get the latest posts sent to your email.

Tags: AFP Google

0 0 votes

Article Rating

Subscribe

0 Comments

Inline Feedbacks

View all comments

0

Would love your thoughts, please comment.x

()