France has inked a landmark agreement with Google, under which the web giant will pay 60 million euros into a new fund to help media outlets increase their online revenue.
In return, French publishers will stop pushing Google to pay them for posting links to their content.
The firm’s Executive Chairman Eric Schmidt came to Paris to seal the deal with French President François Hollande.
Hollande had threatened to draft a law forcing the tech giant to pay media for linking to their content if a solution was not found.
The President said he was proud the two sides had finally resolved a long-running dispute:
“The fund will help our press adapt to the digital age. It will also help investment and innovation, which is good for the French press, for content and also for Google,” Hollande said.
France’s agreement with Google is the first of its kind on such a scale, although the company settled a similar dispute with Belgian publishers last month.
- 1Bobbi Kristina Brown, Whitney Houston’s daughter, dies
- 2Coach has its roof sheared off in low tunnel near Lille
- 3Turkey appears to attack Kurdish targets in Syria, Turkey denies claim
- 4Saudi King flies into Cote d’Azur amid row over beach closure
- 5Sex, drugs and ‘shocking’ behaviour: Lord Sewel steps down amid allegations of lewd conduct
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Russia unveils ‘straight’ flag, internet responds
- 3Seven reasons why Yanis Varoufakis is now a political legend
- 4Greek crisis: ‘Agreement reached’ after marathon talks
- 5[LIVE UPDATES] Greek debt deadline looms
- 6Nasa announces the discovery of an earth-like planet
- 7Is Saudi Arabia outlawing rainbows for being gay?
- 8Pluto: New Horizons space probe provides closest-ever pictures
- 9Istanbul Gay pride quashed by riot police, rubber bullets and water cannon
- 10International breaking news | euronews online world breaking news in video
- 11BREAKING: Formal nuclear deal reached with Iran, says diplomat
- 12French actor Gérard Depardieu ‘a threat to Ukraine national security’
- 13Latest News Bulletin
- 14International news | euronews, latest international news
- 15Greece votes ‘No’ in overwhelming rejection of bailout proposals
- 16Berlusconi linked with a shock return to government – in Russia!
- 17At least 10 dead in explosion in Turkish town close to border with Syria
- 18Greece clinches deal with eurogroup after marathon talks
- 19‘Imposed’ bailout deal must be implemented, says Greek PM
- 20Israel angry as Iran and West talk up nuclear deal
Latest world news
Kerry insists Iran will be under “enormous constraints” under nuclear deal
West Bank: Jewish settlers scuffle with police
Saif al-Islam Gaddafi: Libya’s failed reformer
Libya: Rights groups slam death sentence for Gaddafi son
Submarine:Swedish Navy say wreck is not 2014 mystery sub
Wires > News
- 19:18 CET Sudan summons EU diplomat over statement on humanitarian needs
- 18:42 CET Gunmen who carried out India’s Punjab attack were Muslim – police
- 18:17 CET Ukrainian military pilot held by Russia has alibi – lawyers
- 17:47 CET Russian submarine wreck off Sweden likely dates from WW1
- 17:36 CET Second-term Obama tells Africa’s ‘Big Men’ to quit when time is up
- 17:27 CET Fire at Egypt furniture factory kills 25 – health ministry
- 17:17 CET Le Pen father gets French court victory over daughter
- 17:04 CET Saudi-led raid on Yemen plant appears unlawful – Rights Watch