Warner Bros Discovery Weighs Amended Paramount Skydance Bid as Netflix Takeover Battle Intensifies 
John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training 
Uber and Baidu Partner to Test Robotaxis in the UK, Marking a New Milestone for Autonomous Ride-Hailing 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
BP Nears $10 Billion Castrol Stake Sale to Stonepeak 
Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance 
Saks Global Weighs Chapter 11 Bankruptcy Amid Debt Pressures and Luxury Retail Slowdown 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
Novo Nordisk Stock Surges After FDA Approves Wegovy Pill for Weight Loss 
Waymo Plans Safety and Emergency Response Upgrades After San Francisco Robotaxi Disruptions 
GLP-1 Weight Loss Pills Set to Reshape Food and Fast-Food Industry in 2025 
Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Google finally struck a deal with a major media company in Australia with regards to payments for news. The country’s Seven West Media and Google just announced a partnership deal on Feb. 15 before the Australian parliament finalized its law for tech firms to pay local publishers for news.
Seven Media welcomes new partnership with Google
The Associated Press News reported that Google and Seven Media publicly announced through print, online publishing, and broadcast that they have struck a deal after agreeing on terms for a long-term partnership. The news came after Australian ministers had a meeting with media executives, Google’s CEO Sundar Pichai, and Facebook’s chief Mark Zuckerberg.
With the deal, Seven West Media’s CEO Kerry Stokes expressed gratefulness to the Australian government and its competitor regulator office for their proposed law for journalism payments for online exposure. The media company owns a total of 21 publications, so this is a big negotiation with Google.
“Their outstanding leadership on the implementation of the proposed news media bargaining code has resulted in us being able to conclude negotiations that result in fair payment and ensure our digital future,” Seven’s chief said in a press release. “The negotiations with Google recognize the value of quality and original journalism throughout the country and, in particular, in regional areas.”
Google’s News Showcase
The American tech company and Seven Media’s agreement was made possible through Google’s News Showcase that was formulated for the benefit of both publishers and readers. Since this scheme was launched, the firm already signed pay deals with at least 450 publications worldwide. Earlier this month, Google started paying seven minor news websites in Australia, and this was part of its News Showcase program as well.
As per CNBC News, Seven West Media became Australia’s first major news company to have a deal with Google. The outlet confirmed that it would be supplying news content under Google’s News Showcase platform.
Neither Seven nor Google revealed the amount involved in the deal. The Australian news outlet said it would post more details about the negotiation once the terms have been finalized within 30 days.
“We are proud to support original, trusted, and quality journalism and are excited to welcome Seven West Media today as a major Australian publishing partner to join Google News Showcase,” Mel Silva, Managing Director for Google Australia and New Zealand, said.
