Canadian print media will receive two-thirds of Google's payments to news outlets
Kyiv • UNN
Almost two-thirds of the 100 million Canadian dollars that Google pays annually to Canadian media will go to print media for content distribution.
Almost two-thirds of the 100 million Canadian dollars that the American company Google pays annually pays to Canadian media, will go to the Canadian print media segment. This is what is reported by UNN, citing Economic Times.
Details
Canadian print media will receive almost two-thirds of the annual payment of 100 million Canadian dollars (75 million US dollars) from Google to the country's news publications in the country in exchange for distributing their content.
The share that will go to television and radio is 30%, [Canada's national broadcaster] CBC/Radio-Canada will receive 7%, and the remaining 63% will go to the print press
According to the official's explanation, most of the payments are intended for the print media, as they "really depend" on online platforms to distribute their content. to distribute their content.