Google inked licensing deals with 600+ news outlets worldwide and continues to negotiate with more publishers. In the U.S., it plans to spend $1 billion to bring publishers onboard for its News Showcase, an effort that will be ongoing until 2023 to invest in news. But Google also made it clear it won’t hold publishers accountable for positive business results. Google is also contributing €25 million ($29 million) to the European Union’s European Media and Information Fund to tackle misinformation and fake news. Continue reading Google Funds Initiatives for News Publishers in U.S., Europe

Google is debuting Google News Showcase and vowed to pay publishers $1+ billion over the next three years to license news content for the new product. Publishers will be able to select images and summaries for story panels, which are teasers for full articles. Clicking on a story panel will bring the user directly to the news publisher’s website to read the entire story. According to sources, Google is in talks with publishers in the U.S. and other countries and has already signed deals with almost 200 publications. Continue reading Google Will Pay News Publishers $1 Billion to License Stories