Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
Today, Google (NASDAQ: GOOG ) Chairman Eric Schmidt and French President Francois Hollande announced two new initiatives to help French publishers innovate and increase online revenues. First, Google has agreed to create a €60 million ($82 million) Digital Publishing Innovation Fund to drive new, digital publishing initiatives for French readers. Second, Google will help French publishers use its advertising technology to increase online sales.
Google says this move falls in line with its 2011 commitment to invest in France, and to bolster the news industry. Launched last year, Google's Play store lets publishers make money, for instance, by charging paid subscriptions.
On Google's official blog, Schmidt writes:
A healthy news industry is important for Google and our partners, and it is essential to a free society.
RSS Headlines
Fool UK
Comments from our Foolish Readers
Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the
Report this Comment icon found on every comment.
Be the first one to comment on this article.