Sunday, May 3, 2015

Google Pledged To Give €150m To European News Groups



Google offers cash, counted around €150m ($163m; £107m), support to Europe's news ublishers and journalism-focused start-ups over the next three years. This financial will mainly use to earn money from  their own online coverage.
According to Digital Marketing Agency, " the Guardian, Spain's El Pais and Germany's Die Zeit are among those backing the initiative." However, the absent of Google involvement has been criticized by several media groups. Publications belonging to Rupert Murdoch's News Corp and the Berlin-based Axel Springer group are not listed on "founding partners".
Analysts said "the agreement opened the door to similar agreements in other countries where newspapers were also seeking licensing fees."

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