Google Reveals Payment Deal with AP
mytrip writes to mention a ZDNet article concerning a deal Google has struck with the Associated Press. The search company has ended a dispute between the two organizations by agreeing to pay for the articles and content it delivers via its Google News service. From the article: "Financial terms were not disclosed. Consequently, it's unclear whether the deal involves a flat fee or paying AP according to traffic statistics. On the surface, paying the Associated Press seems to conflict with the stance Google has traditionally taken regarding its Google News service. Because Google News is an aggregator, the company has argued, Google is not obliged to reimburse news outlets for linking to their content. But Wednesday's announcement said the AP content will be the foundation for a new product that will merely complement Google News. Thus Google maintains that the deal supports its original stance on fair use."
A minor correction concerning the 20% figure (revenue of AP from online content) - BusinessWeek say it should be 14%.
The AP-Google deal is for a future news product not the current news content that is used in the current Google product. A reuters article explains. From the Reuters article, "'It's a licensing agreement that lets us use original AP content in new ways than we have used in the past for Google News,' Google spokeswoman Sonya Boralv said."
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