Technology content trusted in North America and globally since 1999
8,585 Reviews & Articles | 67,035 News Posts

Google pushing digital publishing in France, pay $82 million in support

Google pay $82 million to support digital publishing in France

By Anthony Garreffa | Feb 4, 2013 02:38 am CST

Google have just paid $82 million in support for "digital publishing initiatives" with French newspapers and other publishers. This new investment is part of a deal between the Mountain View-based company and the French government that will end a dispute over who Google should pay for "snippets" of articles that show up on Google searches.

google_pushing_digital_publishing_in_france_pay_82_million_in_support_07

Google and the French government have now signed the deal after months of negotiations with the French government calling the deal a "happy conclusion" that would "facilitate the transition of the press to the digital world".

Now that the agreement has been struck, Google will open up a new fund and work with French publishers in order to help them increase their online revenues, "using our advertising technology", said Google Executive Chairman Eric Schmidt. Schmidt continued, saying "a healthy news industry is important for Google and our partners, and it is essential to a free society".

Anthony Garreffa

ABOUT THE AUTHOR - Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games to be built around consoles. With FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with high-end, custom-built PCs. His addiction to GPU technology is unwavering, and with next-gen NVIDIA GPUs about to launch alongside 4K 144Hz HDR G-Sync gaming monitors and BFGDs (65-inch 4K 120Hz HDR G-Sync TVs) there has never been a time to be more excited about technology.

NEWS SOURCE:latimes.com

Related Tags