Google to pay Murdochs News Corporation for stories

Google to pay Murdochs News Corporation for stories

Google has agreed to pay Rupert Murdoch’s News Corp for content from news sites across its media empire.

News Corporation said it would be sharing its stories in exchange for “significant payments”.

Mr Murdoch has long called for Google and other internet platforms to pay media companies for their output.

Amid mounting pressure from lawmakers in Australia and elsewhere, Google last year said it would start to pay some publishers for stories.

“This has been a passionate cause for our company for well over a decade and I am gratified that the terms of trade are changing, not just for News Corp, but for every publisher,” said Robert Thompson, News Corporation chief executive.

The company owns The Sun, The Times, the Wall Street Journal, and the Australian, among other publications.

“For many years, we were accused of tilting at tech windmills, but what was a solitary campaign, a quixotic quest, has become a movement, and both journalism and society will be enhanced,” Mr Thompson said.

Google last year said it would start licensing “high-quality content” from publishers around the world as part of a $1bn initiative. It has signed up hundreds of media outlets in Germany, Brazil and the UK, among others, to participate in its Google News Showcase programme.

The deal with News Corp comes just days before Australia is due to pass a law allowing it to appoint an arbitrator to set fees if Google or other platforms could not come to terms with publishers on its own.

Google has threatened to cut its search engine in Australia over the plans.

In his statement, Mr Thompson said “particular thanks” was due to Australian politicians who backed the proposal.

As part of their three-year-agreement, News Corp said the two firms would collaborate on a subscription platform, share advertising revenue and invest in video journalism on YouTube, which shares a parent company with Google.

News Corp has previously struck payment deals with Apple and Facebook.

Financial deals of the News Corp deal were not disclosed.

Reuters has reported Google agreed to pay $76m over three years to a group of 121 French news publishers to end a dispute over copyright laws in Europe.

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