Friday February 01, 2013

Google To Pay $82M Into French Media Fund

Google: You want us to pay French publishers for posting links to their content? NO WAY! Here's $82 million to put in a special fund instead. roll eyes (sarcastic)

French publishers had been pushing for Google to pay them licensing fees for listing headlines and snippets of articles in its search engine results. The agreement, signed by President Francois Hollande and Google's executive chairman Eric Schmidt, follows months of talks between local media companies and the Internet search giant which were brokered by a government-appointed mediator.