• 116
  • 13
  • Favorite

Google deal with French publishers on hold pending antitrust decision - sources

Reuters2021-06-29

PARIS (Reuters) - Alphabet Inc's Google has frozen a three-year deal with some French publishers as it awaits an antitrust decision that could set the tone on copyright talks for news content online in Europe, two sources close to the matter said.

Under the framework agreement signed between Google and Alliance de la presse d'information generale (APIG), a lobby group representing most major French publishers, the U.S. group had agreed in January to pay $76 million to 121 publications, according to documents previously seen by Reuters.

It is one of the highest-profile deals in the world under Google's "News Showcase" program to provide compensation for news snippets used in search results, and the first of this kind sealed in Europe.

No individual licensing agreement has been signed with Google by any APIG member since then, however, the sources said. The negotiations are de facto frozen pending the outcome of the antitrust decision, they said.

Only a few publications such as daily newspapers Le Monde, Le Figaro and Liberation, had already reached individual deals on their own prior to the framework agreement.

Google said in a statement it had met publishers multiple times as part of its negotiations over copyright deals.

"We're still working with publishers, the APIG and the French competition authority on our agreements in order to finalise and sign more deals," it added. APIG had no immediate comment.

It is not yet clear whether the framework agreement will be scrapped or not as a result of the forthcoming antitrust ruling in France, which is expected in the coming weeks, the sources said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment13

  • Vilianty Luo
    ·2021-06-30
    Ok
    Reply
    Report
    Fold Replies
  • Ooi
    ·2021-06-30
    Google
    Reply
    Report
    Fold Replies
    • jason90
      Wa
      2021-06-30
      Reply
      Report
    • Vilianty Luo
      like and comment
      2021-06-30
      Reply
      Report
  • JorgenS
    ·2021-06-30
    Good
    Reply
    Report
    Fold Replies
  • VSkemama
    ·2021-06-30
    Puy
    Reply
    Report
  • lfc
    ·2021-06-30
    Gd read
    Reply
    Report
    Fold Replies
    • selwyn
      ya
      2021-06-30
      Reply
      Report
  • selwyn
    ·2021-06-30
    Gd read
    Reply
    Report
    Fold Replies
    • lfc
      ya
      2021-06-30
      Reply
      Report
    • selwyn
      [微笑]
      2021-06-30
      Reply
      Report
  • Berrylike
    ·2021-06-30
    ?
    Reply
    Report
  • HeRock
    ·2021-06-30
    nice
    Reply
    Report
    Fold Replies
    • HeRock
      [开心]
      2021-08-13
      Reply
      Report
    • HeRock
      yes
      2021-07-12
      Reply
      Report
    • HeRock
      yes
      2021-07-10
      Reply
      Report
    View more 2 comments
  • hinghing
    ·2021-06-30
    Nice
    Reply
    Report
  • hopeweaver
    ·2021-06-29
    Like and comment please
    Reply
    Report
    Fold Replies
  • Meshaarias72
    ·2021-06-29
    Yes but like n comment pls
    Reply
    Report
    Fold Replies
  • Gusto
    ·2021-06-29
    Awesome
    Reply
    Report
    Fold Replies
  • sleepycoffee
    ·2021-06-29
    Like comment
    Reply
    Report
    Fold Replies
 
 
 
 

Most Discussed

 
 
 
 
 

7x24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email:uservice@ttm.financial