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How Google Will Distribute $100 Million to Canada's News Companies

In November Google agreed to pay Canadian news publishers $100 million annually "in order to be exempt from the Online News Act, which compels tech companies to enter into agreements with news publishers," writes the Canadian Press. On Friday Google "named the organization it has selected to distr...

It was founded in May by a group of independent publishers and broadcasters... "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 entry posted on their website Friday... 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. However, with our monetary contribution in Canada now streamlined into the new single collective model, these investments will be non-monetary in nature.

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