Seven becomes first major media brand to strike Google News Showcase deal
Seven West Media has become the first of the big media players to enter into a deal with Google News Showcase, the tech giant’s mechanism through which to pay publishers for news content.
Seven said the deal will result in “fair payment”, but did not disclose how much Google will pay to license its content. While the media company has signed a letter of understanding, the deal will be official when a long form agreement is executed within the next 30 days.
A week ago, after the product’s launch, Seven’s rival Nine slammed News Showcase, saying: “This is what monopolies do, they put an offer, in the form of Google Showcase, but not offer to negotiate.