News Deals
Google may have threatened to leave Australia if the government forced tech platforms to pay for news, but the search giant is suddenly showering money on its most demanding critics. The New York Times reports that Google – the dominant search engine in Australia – has struck deals with two media companies worth tens of millions of dollars ahead of groundbreaking legislation expected to pass either this week or next. Another, with Rupert Murdoch’s News Corp., was announced on Wednesday in a three-year partnership that includes content from The Wall Street Journal, Barron’s, MarketWatch and The New York Post. Google will sell those news products for Google’s curated news platform, Google News Showcase. Business Insider reports that Google has reportedly struck a $30 million deal with Australian broadcaster Nine Entertainment.