Facebook says will pay French press for news

Facebook says will pay French press for news

News, Business

2021-10-21 09:45:00 PM

Facebook says will pay French press for news

News outlets struggling with dwindling print subscriptions have long seethed at the failure of Google in particular to give it a cut of the millions it makes from ads displayed alongside news stories in search results.

It said payments would be based on criteria including internet viewing figures and the amount of information published.But six months after the announcement of the breakthrough Google was hit with a stinging 500-million-euro fine from France's competition authority, which said it had failed to negotiate"in good faith" with the media companies.

Google has appealed that decision, which requires it to return to the negotiating table and come up with a better offer for the newspaper groups.Google has also been negotiating with Agence France-Presse over an accord to recognise neighbouring rights, but has yet to sign an accord.

France was the first country in the EU to enact a 2019 EU directive on"neighbouring rights", but Google initially refused to comply, saying media groups already benefit by receiving millions of visits to their websites.France has also been at the vanguard of a global push to get tech giants to pay more tax on their international revenues. headtopics.com

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