Technology

59132 readers

3729 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

276

Canada says Google will pay $74 million annually to Canadian news industry under new online law (abcnews.go.com)

submitted 11 months ago by [email protected] to c/[email protected]

46 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 48 points 11 months ago (3 children)

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.

[–] [email protected] 42 points 11 months ago (2 children)

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.

[–] [email protected] 21 points 11 months ago

And it will all go straight to their CEOs. None of the people who actually do hard work will see a penny of that.

[–] [email protected] 10 points 11 months ago

Watch as youtube premium subscriptions and Canada double in price.