Google creates €60m Digital Publishing In**vation Fund to support transformative Fren

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Google creates €60m Digital Publishing In**vation Fund to support transformative Fren

Google creates €60m Digital Publishing In**vation Fund to support transformative French Digital Publishing initiatives
Google has worked with news publishers around the globe for years to help them make the most of the web. Our search engine generates billions of clicks each month, and our advertising solutions (in which we have invested billions of dollars) help them make money from that traffic. And last year, we launched Google Play, which offers new opportunities for publishers to make money—including through paid subscriptions. A healthy news industry is important for Google and our partners, and it is essential to a free society.

Today I an**unced with President Hollande of France two new initiatives to help stimulate In**vation and increase revenues for French publishers. First, Google has agreed to create a €60 million Digital Publishing In**vation Fund to help support transformative Digital Publishing initiatives for French readers. Second, Google will deepen our partnership with French publishers to help increase their online revenues using our advertising tech**logy.

This exciting an**uncement builds on the commitments we made in 2011 to increase our investment in France—including our Cultural Institute in Paris to help preserve amazing cultural treasures such as the Dead Sea Scrolls. These agreements show that through business and tech**logy partnerships we can help stimulate Digital In**vation for the benefit of consumers, our partners and the wider web.

Posted by Eric Schmidt, Executive Chairman

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https://hameed.nwar.uk/vb

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