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Google and the French government have come to an agreement that will see Google creating a €60m Digital Publishing Innovation Fund to support “transformative digital publishing initiatives” and to deepen partnerships between Google and French publishers to help increase the latter’s online revenue using Google’s advertising technology.

The two parties have been involved in negotiations for three months after the French press demanded that Google pay for linking to news content so abundantly via its search engine. Google refused, arguing that it sends a vast amount of traffic to news sites via the links in question. French president François Hollande had set a deadline of 31 January to resolve the issue, promising to introduce a legislation to tax Google if negotiations were not successful.

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Emma Goodman


2013-02-04 18:23

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