Google Signs Deal To Distribute $100m To Canadian News Companies

Canada Global(Web News) Google announced the organization it has selected to distribute $100 million the tech giant has pledged to Canadian news companies on Friday.
Google agreed to pay Canadian news publishers $100 million a year, adjusted for inflation, to be exempt from the Online News Act, which forces tech companies to make deals with news publishers.

The Canadian Journalism Collective will be responsible for ensuring that eligible news organizations receive their share of the money.
The Collective is a federally incorporated non-profit organization created for this purpose, and was founded in May by a group of independent publishers and broadcasters.
The steering committee consists of 12 independent media outlets representing French-language, community and local news, and publications that specifically represent black and minority Canadians.
Some of the organizations include Pivot, The Resolve, IndigiNews, Village Media and the Canadian Association of Community Television Users and Stations.
CJC independent board director Sadia Zaman said in a statement that the collective is committed to disbursing funds “in a fair, transparent and inclusive manner.”


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