New York Times to get around $100 million from Google over three … – Reuters

wp header logo 2730

Pedestrians walk by the New York Times building in Manhattan, New York, U.S., December 8, 2022. REUTERS/Jeenah Moon Acquire Licensing Rights
May 8 (Reuters) – The New York Times (NYT.N) is getting around $100 million from Google over three years as part of a broad deal that allows the Alphabet Inc (GOOGL.O) unit to feature Times content on some of its platforms, the Wall Street Journal reported on Monday.
The deal includes the Times' participation in Google News Showcase, a product that pays publishers to feature their content on Google News and some other Google platforms, according to the report, which cited people familiar with the matter.
The Times in February announced an expansion of its agreement with Google that included content distribution and subscriptions.
Google and the Times did not immediately respond to Reuters' requests for comment.
Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta
Our Standards: The Thomson Reuters Trust Principles.
The United States and China will back a new global renewables target and work together on methane and plastic pollution, they said in a joint statement on Wednesday after a meeting to find common ground ahead of COP28 talks in Dubai later this month.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved


About the author

Manoj Nair

Manoj Nair

Manoj has an MBA in Information Systems and has worked in the tech industry for over a decade. He specializes in enterprise technology, focusing on innovations like blockchain, cloud computing, and data analytics that are changing the business landscape.