Google sends funds to journalism collective in exchange for Online News Act exemption
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Google has sent the $100 million it agreed to pay Canadian news outlets in exchange for an exemption from the Online News Act to a journalism organization designed to disperse the funds.
The U.S. tech giant confirmed it has transferred the money to the Canadian Journalism Collective, a federally incorporated non-profit organization led by independent publishers and broadcasters.
The collective said in mid-December that it was working to distribute the first tranche of funds by the end of January to media businesses whose work was shared or repurposed by Google.
It estimated eligible publishers will receive about $13,798 per full-time equivalent journalist it employs based on a 200-hour year. Broadcasters will receive about $6,806 per eligible worker.
