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News media bargaining code: Seven West Media inks $30 million-a-year Google deal

Advertisement Google has stepped back from a threat to shut down its search engine locally and is on the brink of striking commercial deals with some of Australia’s largest news organisations after months of hard fought negotiations over planned media bargaining laws. The ABC, Nine Entertainment Co (owner of this masthead) and Guardian Australia are in eleventh-hour negotiations with the $1.8 trillion tech giant for use of their content on various Google services. Industry sources briefed on the talks indicated the deals could be reached within 48 hours. However, while the talks are in advanced stages, there is no guarantee the agreements will be completed.

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