Australia’s Seven West Media became the country’s first major news outlet to strike a licensing deal with Google, as the government pushes ahead with a law that would force the internet giant to pay media companies for content, reported Reuters.
At an earnings announcement on Tuesday, February 9, Seven, which owns a free-to-air television network and the main metro newspaper in the city of Perth, stated it would supply content for Google’s News Showcase platform. It did not disclose terms.
The deal shows Seven splitting from rivals News and Nine Entertainment which have failed to reach agreements with Google and instead backed laws, set to be passed this week, where the government sets the online giant’s content fees in the absence of a private deal.
So far in Australia, only specialist online publishers and one regional newspaper have struck deals to receive payment for their content appearing on the new Google platform which went live in the country this month. Outside Australia, Reuters is among news outlets with similar Google deals.
“The negotiations with Google recognise the value of quality and original journalism throughout the country and, in particular, in regional areas,” said Seven West Chairman Kerry Stokes in a statement.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Qualcomm Reportedly Considering Acquisition of Intel’s PC Design Business
Sep 8, 2024 by
CPI
American Airlines and JetBlue Lose Bid to Dismiss Antitrust Lawsuits Over Former Alliance
Sep 8, 2024 by
CPI
Elizabeth Warren Supports DOJ Antitrust Probe Into Nvidia
Sep 8, 2024 by
CPI
Google Faces Major Antitrust Battle Over $20 Billion Ad Tech Business
Sep 8, 2024 by
CPI
UK Regulator Joins US in Antitrust Battle Against Google
Sep 8, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Canada & Mexico
Sep 3, 2024 by
CPI
Competitive Convergence: Mexico’s 30-Year Quest for Antitrust Parity with its Northern Neighbor
Sep 3, 2024 by
CPI
Competition and Digital Markets in North America: A Comparative Study of Antitrust Investigations in Mexico and the United States
Sep 3, 2024 by
CPI
Recent Antitrust Development in Mexico: COFECE’s Preliminary Report on Amazon and Mercado Libre
Sep 3, 2024 by
CPI
The Cost of Making COFECE Disappear
Sep 3, 2024 by
CPI