Google already pays for publishers in the UK to share information
Google has entered into a licensing agreement with UK publishers to pay for the publication of their content.
Google announced on Wednesday that it has launched its News Showcase product in the UK, which means that the technology giant will now pay for news content. The Google News Showcase is part of a company's commitment to invest $ 1 billion (€ 826.17 million) in news worldwide.
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Silicon Valley has signed an agreement with 120 British entities, including the Financial Times and Reuters, to pay royalties for excerpts from reports that appear in search results. British publishers can receive several million dollars a year from Google.
This feature will be hosted on the Google News and Google Discover mobile apps.
When users click on excerpts in Google News or Google Discover, they will see the full article on the publisher's site. "The Google News Showcase, our new news product and licensing program, will begin expanding to local, national and independent publishers in the UK," said Ronan Harris, vice president and CEO of Google UK and Ireland, on a blog post on Wednesday.
He added that under licensing agreements with publishers, Google is also launching an opportunity for readers to access selected paid content. This feature will give readers the opportunity to read more content from the publisher and can inspire them to become subscribers.
The social network Facebook launched a similar service in Britain last month. Technology powers like Facebook and Google are under increasing pressure to pay media companies for their content.
Google has persuaded 450 news publications around the world to create content for the Google News Showcase.
In addition to Britain, he has introduced this function in Australia, Germany, Brazil, Canada,
France, Japan and Argentina. And negotiations continue in other countries.