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Alfred Hermida, digital media scholar and professor at the UBC School of Journalism, discusses the agreement between Google and the Canadian government on the Online News Act. The podcast explores implications for Meta, the potential impact on the news industry and distribution of funds, and the significance of Google's 100 million dollar investment in the news industry.
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- Google and the Canadian government have reached a deal to end the dispute over paying for news, requiring Google to provide $100 million annually to the news industry.
- The Online News Act aimed to redistribute revenue and support the journalism sector, but the $100 million compensation may benefit large media entities more than small digital-born startups.
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Google and Meta's Dispute over Paying for News in Canada
Google and the Canadian government have reached a deal to end the dispute over paying for news. The Online News Act, which forced tech giants to pay Canadian media companies for links to their content, was a point of contention. Google opposed the act, arguing for clarity and avoiding uncapped liability. The deal requires Google to provide $100 million annually to the news industry. The agreement allows Google to make a deal with one body representing the news industry, avoiding individual deals and potential arbitration.
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