Canada, Google strike news deal

OTTAWA—Canada and Google have reached a deal to keep news stories in search results and for the internet giant to pay C$100 million ($73.6 million) annually to news publishers in the country, a Canadian official said on Wednesday.

The deal resolves Alphabet-owned Google’s concerns over Canada’s online news law that seeks to make large internet companies share advertising revenue with news publishers in the country.

“Following weeks of productive discussions, I am happy to announce that we have found a path forward with Google for the implementation of the Online News Act,” heritage minister Pascale St-Onge said in a statement.

Canada’s Online News Act, part of a global trend to make internet giants pay for news, passed in June and the government is finalizing rules that are expected to be released by a Dec. 19 deadline. —Reuters

Reuters

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