Tech

Google to pay German publishers 3.2 million eur per 12 months on interim foundation


BERLIN (Reuters) – Google has agreed to pay German publishers 3.2 million euros ($3.38 million) a 12 months for its publication of reports content material pending a call from the German patent workplace (DPMA) on the difficulty, the perimeters mentioned in separate statements on Thursday.

The U.S. search engine operator reached the settlement with Corint Media, an umbrella organisation that represents the pursuits of German and worldwide publishers together with Sat.1, ProSieben, RTL, Axel Springer and CNBC.

“The funds to Corint Media are according to what we have now already agreed with 470 regional and nationwide publications in Germany,” Google mentioned, pointing to current licensing agreements with publications together with Spiegel, Zeit and FAZ for the usage of headlines, excerpts and thumbnails.

Corint Media, which had initially sought a cost of 420 million euros for the usage of information content material in 2022, mentioned it hoped the DPMA arbitration board choice would result in a “important enhance of the remuneration to be paid by Google”.

The edges had beforehand agreed on a one-off cost of 5.8 million euros by Google for the interval for the reason that introduction of recent press ancillary copyright laws in 2021.

“The quasi-monopolist Google dictates costs, so the route through the courts is the one method to arrive at applicable remuneration for the usage of content material,” mentioned Corint’s managing director Christine Jury-Fischer.

($1 = 0.9481 euros)

(Reporting by Klaus Lauer, Writing by Friederike Heine, Modifying by Miranda Murray)



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