Google signs deal with organization to distribute $100M to Canadian news companies – National

Google announced which organization it has selected to distribute the $100 million the tech giant has promised to Canadian news companies Friday.

Google agreed to pay Canadian news publishers $100 million annually, indexed to inflation, in order to be exempt from the Online News Act, which compels tech companies to enter into agreements with news publishers.

The Canadian Journalism Collective will be responsible for ensuring eligible news organizations get their share of the money.

The collective is a federally incorporated non-profit organization that was created for this purpose, and was founded in May by a group of independent publishers and broadcasters.

The steering committee is made up of 12 independent media outlets that represent French language, community and Indigenous news, and publications that specifically represent Black and minority Canadians.

Story continues below advertisement

Some of the organizations include Pivot, The Resolve, IndigiNews, Village Media and the Canadian Association of Community Television Users and Stations.


Click to play video: 'Google and Ottawa reach annual $100 million agreement over Canada’s Online News Act'


Google and Ottawa reach annual $100 million agreement over Canada’s Online News Act


The collective is committed to distributing the funding in a “fair, transparent, and inclusive manner” Sadia Zaman, the CJC’s independent board director, said in a statement.


The email you need for the day’s
top news stories from Canada and around the world.

“We look forward to working with the full diversity of the Canadian news ecosystem, including traditional print and broadcast organizations, and independent local news publishers, including those who serve Indigenous, Black and racialized communities and Francophone communities.”

The committee plans to establish its governance structure in the coming weeks.

It’s unclear when eligible news businesses will receive the cash. The payment is contingent on Google formally receiving an exemption from the federal broadcast regulator.

Story continues below advertisement

“We hope these next steps will be completed as quickly as possible, so Canadian publishers and journalists can soon begin to receive the proceeds of this new contribution model,” Google said in a blog posted on their website Friday.

Earlier this year, Google put out an open call to news organizations that wish to receive compensation under the Online News Act, and about 1,500 outlets applied for the cash.

The collective will review all news publishers that responded to the open call, and distribute the funds to publishers that meet the criteria.

To receive a share of the $100-million windfall, newsrooms must be designated as qualified Canadian journalism organizations under the Income Tax Act. They must also produce news content of public interest, operate in Canada and employ at least two or more journalists.

The money will be distributed proportionately based on how many full time-journalists the companies employ.


Click to play video: 'Google to pay $100M annually to news outlets as Canada’s Online News Act moves forward'


Google to pay $100M annually to news outlets as Canada’s Online News Act moves forward


Small print and digital outlets can expect to receive about $17,000 per journalist that they employ, an official with the Canadian Heritage Department has said.

Story continues below advertisement

The Liberal government has previously put a cap on how much money the Canadian Broadcasting Corp. and other broadcasters can get.

CBC/Radio-Canada will get no more than a $7-million share of the annual fund, and $30 million at most will be reserved for other broadcasters.

The other $63 million will be shared among other qualifying news outlets, such as newspapers and digital platforms.

&copy 2024 The Canadian Press

FOLLOW US ON GOOGLE NEWS

Read original article here

Denial of responsibility! Swift Telecast is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – swifttelecast.com. The content will be deleted within 24 hours.

Leave a Comment