In a Monday confirmation, Google and Associated Press (AP) said that they have inked a new licensing agreement, under which Google will host the publisher’s content on Google News and other properties.
The new Google-AP agreement is fairly similar to AP’s earlier-this-year deal with Google’s rival Yahoo; and marks a new turn in Google’s high-profile association with AP, which has been notably vociferous in criticizing the manner in which online firms take unfair advantage of the stories that it produces.
Though there has been no official disclosure about the financial terms of the new Google-AP agreement, a report in the Wall Street Journal has revealed that Google is likely paying the publisher a seven-figure amount annually for the two-year agreement.
The deal will allow Google to host content from publishers like the AP, Agence France-Presse, UK Press Association and the Canadian Press. In addition, Google will also share search data with the AP so as to enable the publisher better its revenue opportunities online.
Referring to the new licensing deal, AP said in a statement that it will work together with Google “in a number of new areas, such as ways to improve discovery and distribution of news.”
Expressing a similar opinion, Josh Cohen, senior business product manager for Google News, said in a blog post: “We look forward to future collaborations, including on ways Google and AP can work together to create a better user experience and new revenue opportunities.”
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