Google calls revenue from news ‘small’, refuses Australia’s call to pay media

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Google has rejected Australia’s demand that it compensate news publishers, saying its ad revenue from news content is “very small”. Google said it barely made AU$10 million (₹51 crore) from news-linked advertising last year. Australia is developing a code of conduct to force Facebook and Google to pay media companies AU$600 million (₹3,075 crore) per year for using their news.

Source By : Inshorts

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