News Corp. announced Wednesday that it has agreed to a multi-year partnership with Google to provide journalism from its news sites in return for significant payments.
Among the publications joining Google News Showcase will be The Wall Street Journal, Barron’s and MarketWatch.com.
The landmark three-year agreement also includes the development of a subscription platform, the sharing of ad revenue via Google’s ad technology services, the cultivation of audio journalism and meaningful investments in innovative video journalism by YouTube.
Robert Thomson, chief executive of News Corp., said that the deal would have “a positive impact on journalism around the globe as we have firmly established that there should be a premium for premium journalism.”
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