Google pays RM340 million annually for Canadian News

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According to Sin Chew Daily, the Canadian government and Google announced on Wednesday a “historic” agreement to support Canadian media. Google search results will retain news while paying 100 million Canadian dollars (approximately RM340 million) annually to Canadian news publishers.

Agence France-Presse reported that Canada will implement the “Online News Act” on December 19. Digital giants are allowed to negotiate reasonable business agreements with Canadian media and pay to use the media’s news content. If they fail to comply, they will face binding penalties. arbitration.

“Google will provide $100 million in financial support each year to journalists across the country, including independent news outlets and news outlets from Aboriginal and official language minority communities,” said Canadian Heritage Minister Saint-Onger. “It can choose to work with Journalists work collectively to allocate their contributions to interested and qualified journalists based on the number of full-time journalists employed by these companies.”

(Source: Sin Chew Daily Picture source: freepik)

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