Canada print media to get two-thirds of Google's payment to news outlets

Canada’s print media will receive nearly two-thirds of an annual Can$100 million (US$75 million) payment from Google to the country’s news outlets in exchange for distribution of their content, the federal government announced Friday.

At the end of November, after months of negotiations, Ottawa and Google announced a “historic” agreement, where the tech giant would pay Canadian media companies compensation for the loss of advertising revenue.

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