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Australia’s leading media company strikes with Google for news

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Canberra: Seven West Media, Australia’s Largest News Media Business, Signs Google to Pay for Journalism in a Partnership Announced Monday Before Parliament Considers Bills to Force Digital Giants to Pay News became.

Google and listed television, print and online publishers will see Australian government ministers talk over the weekend with media executives, Facebook CEO Mark Zuckerberg, and Alphabet CEO Sundar Pichai. Jointly announced that they have agreed to a long-term partnership. Its subsidiary Google.

Kerry Stokes, chairman of Seven West Media, which owns 21 publications, thanked the government and Australian competition regulators for a bill to be considered by Congress on Tuesday.

In a statement, Stokes said their outstanding leadership in implementing the proposed news media negotiation code allowed them to conclude negotiations to bring about fair payments and secure the digital future.

Negotiations with Google recognize the value of quality and creative journalism nationwide, especially in rural areas, Stokes added.

The deal was closed under Google’s own model, News Showcase. Google has paid contracts with over 450 publications worldwide since the news showcase launched in October. Google announced two weeks ago that it started paying for seven much smaller Australian websites under the news showcase.

Mel Silva, Google’s regional director, said: We are proud to support original, reliable and high quality journalism. Today, we welcome Seven West Media to participate in the Google News Showcase as Australia’s leading publishing partner. She added that the partnership was a huge investment for Google in journalism not only in metropolitan areas, but in smaller communities.

Neither Google nor Seven West Media mentioned how much the deal was worth. Rival media company Nine Entertainment, citing an unnamed industry source, reported that it was worth more than A $ 30 million (US $ 23 million) annually.

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