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Payment Agreement

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technology2 years ago

Google's Multi-Million Dollar Deal with Canadian News Publishers Secures News in Search

Google has reached an agreement with Canada to pay $73.6 million annually to news publishers in the country and keep links to news stories in search results. The deal resolves concerns over Canada's Online News Act, which aims to make large internet companies share advertising revenue with news publishers. Google had threatened to block news on its search engine, but the agreement ensures support for journalists and local journalism. Meanwhile, Meta Platforms, the other internet giant targeted by the law, has already blocked news sharing on Facebook and Instagram.