The mannequin of Google is seen in Davos, Switzerland January 20, 2020. REUTERS/Arnd Wiegmann
OAKLAND, Calif., Nov 17 (Reuters) – Alphabet Inc’s (GOOGL.O) Google will start paying Agence France-Presse for its information content material as An factor of broadvert 5-yr partnership introduced Wednesday that marks Definitely one of many largest licensing provides struck by a tech huge beneath A mannequin new French regulation.
News organizations, which have been dropping advert income to on-line aggregators Similar to Google and Fb (FB.O), have complained for yrs Regarding the tech corporations using tales in search outcomes or completely different options with out cost.
New regulations in France and Australia – fueled by media lobbying and public strain – have given publishers greater leverage, Ensuing in a slew of licensing provides Throughout the globe collectively worth billions of dollars.
The AFP accord follows France enacting a copyright regulation that creates “neighboring rights,” requiring huge tech corporations to open talks with information publishers that Want a licensing cost.
Google declined To disclose monetary phrases of the deal, however conagencyed It’d run for 5 yrs. The corporations said in a joint press launch that Additionally they will collaborate on tasks, Similar to actuality-checking.
“This settlement is a recognition of The worth Of information,” Fabrice Fries, Agence France-Presse’s chief authorities, said in A press launch.
Google earlier this yr agreed to pay $76 million over three yrs to A gaggle of 121 French information publishers, not collectively with AFP, Reuters beforehand reported. However the deal has been on primarytain, pending The outcomes of an antitrust persevering with By which France’s rivals regulator has accused Google of failing To barter in good religion.
Sébastien Missoffe, managing director of Google France, said the AFP deal conagencyed the tech agency’s “willingness To Search out widespreadvert floor with publishers.”
The deal Does not convey AFP into News Showcase, a function that Google launched final yr that promotes content material from over 1,000 publishers Which have agreed to license content material for a payment.
Reuters signed a News Showcase settlement with Google in January, and Wall Road Journal proprietor News Corp (NWSA.O) closed An identical deal a month later.
Fb final month signed a neighboring rights Deal with a French alliance collectively with dozens of publishers Similar to Le Figaro.
Reporting by Paresh Dave; Modifying by Stephen Coates
Our Requirements: The Thomson Reuters Notion Guidelines.
Source: https://www.reuters.com/technology/google-signs-5-year-deal-pay-news-afp-2021-11-17/