Google to pay $100 million annually to keep news in search results in Canada
Google has reached a deal with the Canadian government about keeping news stories in search results. The Canadian Heritage Minister has confirmed that the tech giant has agreed to pay C$100 million (Canadian dollars) annually to news publishers in the country. This deal will resolve Alphabet-owned Google’s concerns over Canada’s online news law. The regulation aims to make tech majors share their advertising revenue with news publishers in the country.
In a statement to the news agency Reuters, Heritage Minister Pascale St-Onge said: “Following weeks of productive discussions, I am happy to announce that we have found a path forward with Google for the implementation of the Online News Act (Bill C-18).”
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