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Google Pays $100M to Avoid Canada’s Online News Act

Summary by MediaNama

Google has paid the Canadian Journalism Collective (CJC) $100 million to exempt itself from the nation’s Online News Act for one year, reported the Canadian Press on January 3. The Collective is a federally incorporated non-profit made up of news publishers and broadcasters, that will disburse the funds received from tech giants to news organisations. While the Collective has yet to decide the organisations that will be the beneficiaries of Goog…

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MediaNama

Google Pays $100M to Avoid Canada’s Online News Act

2 months ago

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pxlnv.com

Google Pays Its Online News Act Tithe – Pixel Envy

Tara Deschamps, Canadian Press: The Online News Act aims to level the playing field by extracting compensation from search engine and social media companies with a total annual global revenue of $1 billion or more and 20 million or more Canadian average monthly unique visitors or average monthly active users. Google, along with Facebook and Instagram-owner Meta, are the only tech firms that currently meet these criteria. Google secured a five-y…

2 months ago

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mediagazer.com

Google makes a $100M payment to the Canadian Journalism Collective in exchange for an exemption from the Online News Act

Mediagazer presents the day's must-read media news on a single page.

2 months ago

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www.bestmediaifo.com

Google pays out $69 mn to Canadian news outlets under new legislation

New Delhi: Google has transferred Can$100 million (approximately US$69 million) to Canadian news organisations for the use of their content on its platforms. This payment marks Google's compliance with Canada's Online News Act, a piece of legislation aimed at offsetting the loss of advertising revenue that traditional news outlets have experienced due to the dominance of tech giants in the digital advertising space. The payment was made to the …

2 months ago

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