Google to pay Canadian publishers $73.6 million annually and keep news in search results،
Earlier this year, tech giants Google and Meta found themselves embroiled in a Canadian standoff over Bill C-18, also known as the Online Information Act. The legislation sought to make both companies pay for displaying links to news content, prompting Google to consider blocking news on its platform. The conflict has since been resolved, with Google and Canada reaching a mutual agreement.
The Minister of Canadian Heritage, Pascale St-Onge, went to X to share the news.
Additionally, instead of engaging in individual negotiations with publishers for payment, Google now has the option to collaborate with a single collective to distribute its contribution among all eligible news businesses based on the number of equivalent journalists full-time employed by these entities, as explained. by the Minister of Canadian Heritage, Pascale St-Onge.
The Online News Act, part of a global movement holding internet giants accountable for paying for news, was passed in June by the Canadian government. Finalization of the regulations is underway, with publication expected by the December 19 deadline.