Canadian Publishing Industry News
9 October 2020,    
Google commits money for newspapers
Google is committing to giving publishers US$1 billion to create and curate content for a new product the company is calling Google News Showcase. The move comes amid longstanding tension between Big Tech and media organizations. Publishers argue they aren’t properly compensated for their premium coverage that appears in Google search and Google News.


In a blog post, Sundar Pichai, CEO of Google and its parent company Alphabet, wrote there is “more to do” to support journalism. He noted the company’s programs to support publishers: the Google News Initiative, which funds news organizations and the Digital Growth program, that targets small and midsized publishers.


The new program, which will be funded for at least three years, will have publishers feed so-called story panels that will appear on Google News on iOS, with rollout to come to Google Discover and Search. The feature will allow media organizations to put their stories alongside Google’s news products and indications are that media organizations will be compensated based on how much they contribute, not how often readers interact with particular stories or publishers.


Google has signed on more than 200 global partners, including Canada.



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Jaded says:
Wow, Torstar really seems to be on a mission to bankrupt one magazine after another....
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Full of terrific information, Thanks!...
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