Canada’s government says it has reached a deal with Google for the company to contribute $100 million Canadian dollars annually to the country’s news industry
Given that Googles estimated annual revenue is between 160 - 180 billion, that 74 million is only 0.04625% (if taken from the lower estimate) I’m sure they would chalk it up to just the price of doing business.
Given that Googles estimated annual revenue is between 160 - 180 billion, that 74 million is only 0.04625% (if taken from the lower estimate) I’m sure they would chalk it up to just the price of doing business.
Well on the flip side, if Google doesn’t mind paying that amount, Canada’s news industry just gets $74 million more every year than it usually does.
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Watch as youtube premium subscriptions and Canada double in price.
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