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.
A Senate committee that has held public hearings into the Federal Government's news media code is unlikely to propose any changes to the bill before it.
Google has launched its News Showcase in Australia, a product that was announced in October 2020, but not introduced Down Under till now due to the company's stoush with the government over the news media code.
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