Saturday August 27, 2016

EU: Internet Companies May Have To Pay Publishers For News

I can’t imagine how much a company like Google would have to pay up if something like this was passed and they didn’t just go ahead and shut down their aggregator. Basically, publishers believe they deserve compensation whenever internet companies display their content.

The possible EU move to pave the way for potentially lucrative agreements between publishers and web giants could be a boon to news publishers who have been hurting from falling revenue as more readers consume news online. But the draft rules could be a blow to internet companies like Google who may now have to negotiate individual deals with publishers if they want part of the newspaper articles to appear in their news search service.