Google Strikes Deal With Canada to Pay for Online News
- Firm agreed to pay $74 million yearly to Canadian news sector
- The agreement helped avoid Google’s news block in Canada
Alphabet Inc.’s Google struck a deal with Canadian Prime Minister Justin Trudeau’s government over the contentious law that would force it to pay for news, according to several media reports.
Photographer: Cole Burston/Bloomberg
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Alphabet Inc.’s Google struck a deal with Canadian Prime Minister Justin Trudeau’s government over a contentious law requiring digital platforms to pay for news.
Google agreed to contribute C$100 million ($74 million) in financial support annually, indexed to inflation, for a wide range of news businesses in Canada, Heritage Minister Pascale St-Onge said in a statement Wednesday.