sowny.net | The Southern Ontario/WNY Radio-TV Forum


You are not logged in. Would you like to login or register?

June 7, 2024 4:17 pm  #1


Google Signs Deal To Distribute $100M To Canadian News Companies

It's part of the exemption agreement to the Online News Act that at one point, had Google considering pulling its service from Canada, before arriving at an agreement that will see the tech giant fork over $100 million to various Canadian news publishers.

"Newsrooms can be eligible for the funding if they are designated as a qualified Canadian journalism organization under the Income Tax Act.

"They can also be deemed eligible under the Online News Act, which has its own criteria.

"They must also produce news content of public interest, operate in Canada and employ at least two or more journalists.

The money will be distributed proportionately based on how many full time-journalists the companies employ."


Google signs deal with organization to distribute $100M to Canadian news companies