Google agrees to pay newspaper publishers more than $ 1 billion

Technology giant Google says it will pay newspaper publishers more than $ 1 billion over the next three years. Under a joint venture with newspaper publishers, Google will license publishers to compile news for the Google News Showcase.

“I have always valued quality journalism. A vibrant journalism industry is vital to a functioning democratic society,” Google CEO Sundar Pichai wrote in a blog post on October 1.

Google, the world’s most-used Internet search engine, is arguing that publishers are seeking compensation for their use of news.Google has signed agreements with about 200 news publishers in countries selected for the use of the news, and plans to expand it. Google News Showcase It will be first introduced in Germany and later expanded to other countries. Germany’s Der Spiegel and Die Zeit; Brazil’s Folha de S.Paulo will be featured on the Google News Showcase. Later, Argentina; Canada Britain Google plans to expand News Showcase in Australia

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