LE FIGARO INFO – The publishers of the magazine press syndicate will receive remuneration for the use of their content by the American giant.
It’s the end of a bitter battle that lasted more than two and a half years. On Thursday 14 April, the union of magazine press publishers (SEPM), which represents eighty publishers and more than 400 titles (such as Point, Marianne and the titles of Prisma Media), and Google have reached the signature of a specific remuneration framework agreement under related rights. The total amount of the agreement is around 20 million euros per year. Prisma Media, which achieves half of the digital audience of the magazine press, would therefore have the largest share.
Entering into force in September 2019, the French law on neighboring rights obliges digital platforms to remunerate press publishers for the publication and sharing of their content.
The framework agreement between Google and the SEPM confirms several advances. It governs how individual publishers will negotiate compensation with Google. The calculation method is based on several criteria, such as the audience of the news site…