Google injects 150 million in European digital journalism – Daily News – Lisbon

A kind of early peace between Google and the media in the amount of 150 million euros. Is this the investment fund that the web giant will “inject” the future of the European digital journalism, with the creation of Digital News Initiative, the partnership presented yesterday that will put the search engine to work with for now, eight media organs in Europe: the journal Les Echos of France, the British Financial Times and The Guardian , German FAZ and Die Zeit , the Italian La Stampa , the Spanish El Pais and the Dutch group NRC Group. The goal, this, is to “provide support to an ecosystem of sustainable news and promote innovation in journalism online through ongoing collaboration and dialogue between technology and news production,” reads the Google’s statement.

By developing new forms of reporting the Web, the data medium you want to innovate the way to do digital journalism and the training of journalists and newsrooms when it comes to news in the world of , Google shows therefore that wants to end the stand-off iron that has marked their relationship with the media. Among other issues, several media organs demanded Google to pay the intellectual property rights by adding or play media content online in the search engine, which has already generated some discussion and a ban on Google News for some countries.

“The Internet giant offers opportunities for the creation and dissemination of quality journalism. But there are legitimate doubts about whether that level of quality if you can keep the digital age. Through the Digital News Initiative, Google will work closely with publishers to help develop more sustainable models for news production sector. This is just the beginning and we launched the challenge to others to join us, “said the president for relations Strategic Google in Europe, Carlo D ‘Asaro Biondo.

With a minimum duration of three years, Digital News Initiative focuses on three main areas. One is the development of products, which will be created “a working group” to explore projects that can “increase profit, traffic and loyalty of the public” in the form of videos, applications, advertising, paid content or Google News, reads the statement. The second area is support for innovation. The money funded by Google used to develop “new ways of thinking about digital journalism and explore the concepts of innovation, feasibility and potential impact.” The third concerns the training and research. The web giant to invest in training and development expertise of essays, will offer academic research grants and Reuters Institute Digital report on news consumption and the behavior of European internet users in the past 20 years.

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