Google, French press reach advertising agreement

Saturday 2 February 2013 | 18:20 CET | News
After two months of negotiations, Google and the French press have reached an agreement that will allow French publishers to help increase their revenues using Google's technology. In addition to the advertising-related deal, Google will create a EUR 60 million Digital Publishing Innovation Fund to help French media organisations improve their internet operations. French president Francois Hollande's office said on Twitter that "France is proud to have reached this agreement with Google, the first of its kind in the world". French newspapers and magazines wanted compensation for Google News

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Categories: Internet
Companies: Google
Countries: France
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