In a significant development, Google and the Canadian federal government have reached an agreement on the Online News Act, securing Google’s commitment to continue sharing Canadian news online. The deal involves Google making annual payments of around $100 million to news companies.
This resolution comes after Google expressed concerns about critical structural issues with the legislation. The regulatory framework, agreed upon earlier this week, addresses Google’s core issues, allowing negotiations with a single group representing all media.
Google had previously threatened to block Canadian news content, but this agreement avoids such disruptions, marking a victory for Canadian media.
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