Google and News Corp have signed a multi-year partnership that will see the digital giant pay the Murdoch owned media company for premium news services.
News Corp is reported to be receiving “significant payments” for its content to be used on the Google News Showcase product and will last for three years
Robert Thomson, the chief executive of News Corp, said: “A positive impact on journalism around the globe as we have firmly established that there should be a premium for premium journalism.”
“I would like to thank [Google CEO] Sundar Pichai and his team at Google, who have shown a thoughtful commitment to journalism that will resonate in every country. This has been a passionate cause for our company for well over a decade and I am gratified that the terms of trade are changing, not just for News Corp, but for every publisher.”
In a statement, Google’s Don Harrison, its president of global partnerships, said: “Today’s agreement with News Corp covers a wide range of our products such as News Showcase, YouTube, Web Stories, Audio and our ad technology. News Showcase has partnerships with over 500 publications around the world, demonstrating the value this product can bring to our news partners and readers everywhere. We hope to announce even more partnerships soon.”
Shortly after this announcement by Will Eastman, managing director of Facebook Australia and New Zealand, explained how that threat is now a reality as Facebook has now restricted publishers and people in Australia from sharing or viewing Australian and international news content.
Eastman explained: “The proposed law fundamentally misunderstands the relationship between our platform and publishers who use it to share news content. It has left us facing a stark choice: attempt to comply with a law that ignores the realities of this relationship, or stop allowing news content on our services in Australia. With a heavy heart, we are choosing the latter.”