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Google is paying publishers more than $1 billion to create and curate high-quality content

Google will pay publishers more than $1 billion over the next three years to create and curate high-quality journalism for a new set of features called Google News Showcase, executives tell Axios.

Why it matters: This is Google's biggest ever financial commitment to the news industry. In 2018, it pledged $300 million to efforts supporting the news industry. This announcement builds on that effort and its existing news licensing program, where it pays select publishers to feature their stories in Google News and Search.

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