The New York Times will generate $100 million in income over three years as a part of a large-scale deal that will permit Google to incorporate Times content material on a few of its pages.
The enhance in web use and the expansion of web journalism in latest years have made Google, one of many largest corporations on this planet, connect extra significance to information.
Google’s Vice President, Brad Bender, introduced a “pay-per-content” program just a few years in the past to extend the variety of high quality creators.
NY Times to get $100 million from Google
In keeping with The Wall Road Journal’s reportThe New York Times will receive a $100 million fee from Google over 3 years as a part of a large-scale deal that will permit Google to incorporate Times content material on a few of its pages.
In February, the NY Times introduced that it was increasing its Google deal to incorporate content material distribution and subscriptions.
The settlement in query will present an extra earnings to The New York Times. The firm reported income of $2.31 billion final yr, up 11 % from the earlier yr.
Additionally, Google will have made up for the Times’ misplaced income after Fb instructed publishers final yr that it will not renew contracts to publish their content material within the Fb Information tab.
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