News Corp Set To Start Receiving Payments From Google

Manhattan, New York USA - July 9, 2011: People by the News Corporation Headquarters. News Corp is a large media conglomerate. Rupert Murdoch The company's founder, Chairman & Chief Executive Officer.

Google will start paying News Corp for news content, after signing a multi-year deal that promises to deliver “significant” payments.

In the same week that Seven West Media and Nine agreed to deals with the tech giant, the News Corp deal will see titles such as The Wall Street Journal, Barron’s, MarketWatch, New York Post, The Times, The Sunday Times, The SunThe Australian, news.com.au, Sky News and Australian metropolitan and local titles included in the Google News Showcase.

News Corp chief executive Robert Thomson thanked Google and the Australian government for getting the deal across the line.

“I would like to thank Sundar Pichai and his team at Google who have shown a thoughtful commitment to journalism that will resonate in every country. This has been a passionate cause for our company for well over a decade and I am gratified that the terms of trade are changing, not just for News Corp, but for every publisher,” he said.

“Particular thanks are certainly due to the Australian Competition and Consumer Commission’s Rod Sims and his able team, along with the Australian Prime Minister, Scott Morrison, and Treasurer Josh Frydenberg, who have stood firm for their country and for journalism.”

The deal will also see News Corp launch a new subscription platform, invest in video journalism for YouTube and share ad revenue via Google’s ad tech stack.

News Corp Australasia executive chairman Michael Miller said the deal will help support the future of journalism.

“This is an important moment for our company, but an even more important moment for journalism and the people it serves, no matter how they consume news,” he said.

“The future of commercial news organisations rests on their ability to establish workable business models in the digital era.

“We will continue to invest in journalism and the skills needed to tell stories in new and evolving ways across our communities, and for a digital future.”




Please login with linkedin to comment

News Corp

Latest News

Sydney Comedy Festival: Taking The City & Social Media By Storm
  • Media

Sydney Comedy Festival: Taking The City & Social Media By Storm

Sydney Comedy Festival 2024 is live and ready to rumble, showing the best of international and homegrown talent at a host of venues around town. As usual, it’s hot on the heels of its big sister, the giant that is the Melbourne International Comedy Festival, picking up some acts as they continue on their own […]

Global Marketers Descend For AANA’s RESET For Growth
  • Advertising

Global Marketers Descend For AANA’s RESET For Growth

The Australian Association of National Advertisers (AANA) has announced the final epic lineup of local and global marketing powerhouses for RESET for Growth 2024. Lead image: Josh Faulks, chief executive officer, AANA  Back in 2000, a woman with no business experience opened her first juice bar in Adelaide. The idea was brilliantly simple: make healthy […]