Categories: World News

Google To Invest $1bn In Deals With News Partners Worldwide

 

Google plans to invest $1 billion on partnerships with news publishers worldwide to develop a “Showcase” app to highlight their reporting packages, CEO Sundar Pichai said in a statement Thursday.

“This financial commitment — our biggest to date — will pay publishers to create and curate high-quality content for a different kind of online news experience,” Pichai said.

Google has locked horns with publishers repeatedly in recent years over its reluctance to pay for displaying articles, videos and other content in its search results, which has become a vital path for reaching viewers as print subscriptions fade.

It is currently in a standoff with several European media groups, including Agence France-Presse, over its refusal to comply with a new EU law governing digital copyrights.

The US giant says it should not have to pay to display pictures, videos or text snippets alongside search results, saying it drives hundreds of millions of visits to publishers’ websites each month.

It also points to millions of euros invested to support media groups in other ways, including emergency funding during the Covid-19 crisis.

Pichai said Google had already signed up almost 200 publications in several countries, including Der Spiegel in Germany and Brazil’s Folha de S. Paulo, but the list lacked any from the United States or France.

Google News Showcase, he said, will highlight “the editorial curation of award-winning newsrooms to give readers more insight on the stories that matter, and in the process, helps publishers develop deeper relationships with their audiences.”

The new product would be available first on Google News via its Android platform and later on Apple’s iOS, and eventually be added to search results and Google’s Discover feed of tailored content for users.

“It will start rolling out today to readers in Brazil and Germany, and will expand to other countries in the coming months where local frameworks support these partnerships,” Pichai said.

-AFP

Solomon Elusoji

Disqus Comments Loading...
Share
Published by
Solomon Elusoji
Tags: Google

Recent Posts

  • Local

Pastor Adeboye Calls For The Restructuring Of Nigeria

  General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye has added his voice to the national…

2 hours ago
  • Sports

Struggling Man City Held At Leeds

  Manchester City's Premier League title challenge stumbled for the second time in their opening three games as Leeds rallied…

2 hours ago
  • World News

Conflicting Reports Over Trump’s Status After Hospital Admission

  Donald Trump is doing "very well" in his hospital treatment for Covid-19, his medics said Saturday, but a source with knowledge…

3 hours ago
  • Local

Kaduna Govt Holds Townhall Meeting, Presents 2021 Budget Estimate Of N237b

The Kaduna State Government has held a town hall meeting over a draft of the 2021 budget to get the…

5 hours ago
  • Sports

Ancelotti’s Everton Beat Brighton To Maintain Perfect Start To Season

  James Rodriguez guided Everton to the top of the Premier League by scoring twice in a 4-2 win over…

5 hours ago
  • Africa

Egypt Displays Coffins Buried 2,500 Years Ago

  Archaeologists in Egypt said Saturday they had found 59 well-preserved and sealed wooden coffins over recent weeks that were…

5 hours ago