Google plans to pay 1 billion to news agencies
Google plans to pay 1 billion to news agencies Internet giant Google has announced plans to pay 1 billion to news organizations around the world over the next three years. Google pays the media to keep the news published in various media of the world on its webpage. Recently, the world's most popular magazines and news agencies have published their content Google has been demanding a fair payment from Google for using it. The European media was at the forefront of such a struggle with Google. Google CEO Sundar Pichai said the new product is being unveiled as per Google's plan. The service, called Google News Showcase, will initially be launched in Germany. News published in various German media can be read in one place on the platform. For this, Google has signed agreements with German magazines Der Spiegel, Stern, and The Chait. In Brazil, Folha has also signed deals with Saint Paulo, Band, and Info be. According to Google, the service will be launched in Germany and Brazil,