116
Canada says Google will pay $74 million annually to Canadian news industry under new online law
(www.independent.co.uk)
this post was submitted on 30 Nov 2023
116 points (99.2% liked)
Technology
59575 readers
3418 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This is the best summary I could come up with:
Canada's government said Wednesday it reached a deal with Google for the company to contribute $100 million Canadian dollars annually to the country's news industry to comply with a new Canadian law requiring tech companies to pay publishers for their content.
Facebook and Instagram parent company Meta already has been blocking Canadian news since earlier this year.
“Google has agreed to properly support journalists, including local journalism,” Canadian Prime Minister Justin Trudeau said.
If there is a better deal struck elsewhere in the world, Canada reserves the right to reopen the regulation,” St-Onge said at a news conference.
“With newsrooms cutting positions or closing entirely, the health of the Canadian news industry has never been more at risk,” she said in Wednesday’s statement.
Earlier this year, Canada’s government said it would stop advertising on Facebook and Instagram, in response to Meta’s stance.
The original article contains 483 words, the summary contains 142 words. Saved 71%. I'm a bot and I'm open source!