Where the countries are racked with the pain of Corona and economic hardships, Google shows attention towards the News industry or News Publishers by announcing the biggest and revolutionary commitment of paying Publishers 1 Billion. The news has gripped the publisher’s attention and inspired them to create and organize high-quality content for a different kind of online news experience. and Genuine Journalism.
Sunder Pachai CEO, said in the blog post that it would collectively pay 1 Billion to news publishers in Licensing fees for new story panels that will appear on Google News. Google News Showcase is rolling out first in Germany and Brazil before expanding to other markets, according to Pichai. The company has already inked deals with 200 publications in Germany, Brazil, Argentina, Canada, the U.K., and Australia, followed by India, Belgium, and the Netherlands as next on the list for expansion after the other countries go live, the CEO said.
Pichai noted that the Google News Show is a new product that will benefit publishers and readers alike, as it features award-winning editorial curation to give readers more insights into important news, and will also help publishers develop deeper relationships with readers.
As it was confirmed by the CEO, that they will stay with the press publishers more than ever to assist them in their digital transformation project, and to support a high-quality journalism sector. Google News will now work by pulling news headlines from publisher websites and populating the news service with its content.