Nine Entertainment, owner of a number of well-known newspapers which it bought from the now defunct Fairfax Media, has signed a letter of intent for a five-year deal with Google in return for payment of more than $30 million in cash per annum for use of its news content.
Treasurer Josh Frydenberg has said he expects to see "some significant commercial deals" between Australian news publishers and digital platforms before the government votes on its news media code which is currently before Parliament.
The Federal Government appears to be trying to remove the need for passing the news media code legislation by encouraging, and helping, media companies to join up to Google News Showcase.
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