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Google deal with French media grinds to a halt

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Google deal with French publishers on hold pending an antitrust decision

In what is a worrying move for European publishers – Google has put its preliminary deal to pay French media companies for news content on hold.

It follows Google agreeing to pay a total of $76 million to 121 publishers in January, under an agreement signed by both the tech giant and the major French media lobby group.

The deal is viewed as one of the highest-profile and extensive deals to fall under Google’s developing “News Content” programme.

The programme is designed to provide compensation and remuneration to news companies for content that appears in search results – a first of its kind in Europe.

The deal was frozen in the wake of an anti-trust report that is due to be handed down by the French consumer and competition watchdog in the coming weeks.

The report follows allegations that Google is failing to comply with French competition regulations regarding how the tech giant should conduct negotiations with news publishers over copyright.

Google says “we’re still working with publishers, the APIG and the French competition authority on our agreements in order to finalise and sign more deals.”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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