Business
Google news deal will pay French publishers $98 million – Sydney Morning Herald
The Australian government is closely watching the first agreement of this kind in Europe, as it grapples with the issue here.
Fees range from as large as $US1.3 million for Frances reference daily Le Monde to $13,741 for provincial outlet La Voix de la Haute Marne, documents show. They did not specify how the amounts were calculated.
Leading national dailies Le Monde, Le Figaro and Liberation and their groups negotiated about 3 million ($4.5 million) each per year on top of the fee in the agreement, notably by agreeing in November to sell subscriptions through Google, one source close to the matter said.
Publishers would…
Continue Reading