Google poised to strike deal to pay French publishers for their news

Platform Industry: Google News

Google is set to reach a bargain to cover French publishers for their news, the US platform giant has said, the latest move to placate press classes and head off regulators siding with publishers looking for a level playing field.

Last week, the planet’s most popular online search engine said it intended to cover $1 billion to publishers worldwide over the next 3 years for their information, beginning with German and Brazilian media groups below a brand new product named News Showcase.

The deal with French publishers could come on the eve of a ruling by a French appeals court on a so-called neighbouring right enshrined in revamped EU copyright rules, which allows publishers to demand a commission from online platforms such as showing information snippets.

These discussions have evolved positively in recent weeks,” Google said in a statement.

It said a deal would consist of acceptance of the neighbouring right as well as the French bands’ participation in its News Showcase.

Pierre Louette, Groupe Les Echos Chief Executive Officer, who is negotiating for APIG, said, “The last few weeks have allowed us to clarify many points and confirm that Google accepts the principle of remuneration for our press titles”.

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French publishers are among Google’s fiercest critics. Back in April, the French antitrust authority purchased the company to pay French publishing businesses and news agencies for their material in response to complaints by the media collections.

The team at Platform Executive hope you have enjoyed the ‘Google poised to strike deal to pay French publishers for their news‘ article. Initial reporting via our official content partners at Thomson Reuters. Reporting by Foo Yun Chee. Additional reporting by Mathieu Rosemain in Paris. Editing by Chizu Nomiyama and Elaine Hardcastle.

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