Business Matters: Google granted 5-year exemption from Canada’s Online News Act

The Canadian Radio-television and Telecommunications Commission (CRTC) has granted Google a five-year exemption from the Online News Act, ordering it to release the $100 million it now owes to Canadian news outlets within 60 days. Google agreed last year to pay Canadian news publishers $100 million a year — indexed to inflation — in order to be exempt from the law, which compels tech companies to enter into agreements with news publishers to pay for content reposted on their platforms. Anne Gaviola has this story and more in Business Matters for Tuesday October 29, 2024.