Google will invest a billion dollars over three years to support publishing through partnerships with publishing companies on a global scale.
This was announced by CEO Sundar Pichai in a post in which he announces the birth of a new product, called "Google News Showcase".
Unlike Google News, the online news aggregator against which publishers have repeatedly moved to ask to be rewarded for the content used, now the California company "will pay publishers to create and curate high quality content for a different type of online news experience, "Pichai explains.
Publishers will choose which news to show and how to do it.
Google News Showcase kicks off today in Brazil and Germany, through partnerships with various publishing companies including Der Spiegel and Die Zeit, and then expands to other countries. Approximately 200 agreements have already been signed in Germany, Brazil, Argentina, Canada, United Kingdom and Australia.