CRTC approves Google’s application, paving way for annual $100M contribution to Canadian news organizations
October 28, 2024
The Canadian Radio-television and Telecommunications Commission (CRTC) has approved Google’s application to operate a news intermediary in Canada. This decision paves the way for the tech giant to make a significant contribution to the Canadian news ecosystem.
As part of its application, Google has committed to investing $100 million annually in Canadian news organizations. This funding will be used to support a range of initiatives, including:
- Journalism innovation: Google will invest in projects that explore new ways to produce and deliver news content.
- Local news: Google will provide funding to support local news organizations, particularly those in underserved communities.
- News literacy: Google will invest in educational programs to help Canadians understand and evaluate news information.
The CRTC’s approval is a major victory for Canadian news organizations, which have been struggling with declining revenues in recent years. The $100 million annual contribution from Google will provide a much-needed boost to the industry and help to ensure that Canadians continue to have access to high-quality news coverage.
“This is a historic day for Canadian news,” said CRTC Chairman Ian Scott. “Google’s investment will help to secure the future of journalism in this country.”
Google welcomed the CRTC’s decision and said it is committed to supporting the Canadian news ecosystem.
“We believe that a strong and independent press is essential for a healthy democracy,” said Erin Porter, Google’s Head of News Partnerships for Canada. “We are excited to work with Canadian news organizations to invest in the future of journalism.”
The CRTC’s approval is subject to a number of conditions, including:
- Transparency: Google must provide the CRTC with regular reports on how the $100 million annual contribution is being used.
- Independence: Google must ensure that its news intermediary is operated independently from its other businesses.
- Competition: Google must not use its news intermediary to give its own products and services an unfair advantage.
The CRTC’s decision is a significant step forward for the Canadian news industry. Google’s investment will help to support journalism innovation, local news, and news literacy. This is a positive development for Canadian democracy and for all Canadians who rely on a free and independent press.
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Canada All National News a new article on 2024-10-28 20:00 titled “CRTC approves Google’s application and paves way for annual $100 million contribution to Canadian news organizations”. Please write a detailed article on this news item, including any relevant information. Answers should be in English.
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