Nine Australia deals with Google, Facebook will generate $30 to 40 million a year

Nine has struck deals with tech giants Google and Facebook that will mean it gets paid for its news content.

The media company announced the deals in a statement to the ASX on Tuesday.

Facebook will pay Nine for news video clips and access to digital news articles on Facebook news products. The deal will initially last for up to three years.

The parties have agreed on a minimum amount to be paid under the deal.

Nine was reported to have inked a letter of intent with Facebook in March.

Nine will supply news content to Google for its News Showcase and other news products.

Under the five-year deal, Google will do more marketing across Nine’s platforms.

Nine says the amount payable is a fixed annual fee with modest growth in the early years.

New Nine CEO Mike Sneesby has revealed the network is cashed up after deals with Google and Facebook ahead of Australia's world-first News Media Bargaining Code (above)

New Nine CEO Mike Sneesby has revealed the network is cashed up after deals with Google and Facebook ahead of Australia's world-first News Media Bargaining Code (above)

New Nine CEO Mike Sneesby has revealed the network is cashed up after deals with Google and Facebook ahead of Australia’s world-first News Media Bargaining Code (above)

Nine, which also owns Fairfax newspapers, is Australia's biggest Australian-owned media company

Nine, which also owns Fairfax newspapers, is Australia's biggest Australian-owned media company

Nine, which also owns Fairfax newspapers, is Australia’s biggest Australian-owned media company

Nine’s own newspapers The Sydney Morning Herald and The Age are reporting that the deals are worth hundreds of millions of dollars.

The deals will help Nine’s publishing division boost its net income by $30 to $40 million in the coming financial year, the ASX statement says.

The growth in earnings before interest, taxes, depreciation and amortisation is also aided by ongoing growth in subscriptions revenues for Nine’s mastheads.

The deal comes after the News Media Bargaining Code came into effect in March. The code forced Facebook and Google to negotiate with news publishers to pay them for their journalism.

Google remains in talks with a range of regional and smaller publishers.

It signed a letter of intent with the ABC last week.

More than 100 publications are already featured on its Showcase product.

Facebook is still in negotiations with a range of other publishers.

Link hienalouca.com

Advertising:

Tips to Find Low Priced Luxury Holiday Package Deals Fast

For most families, it has already been a common practice to spend the Holiday season in a foreign location. This is caused by the aviation market changes which have given a lot of benefits for people who travel a lot. Airfares going to different tourist destinations are becoming more inexpensive. What does this mean? If there is a perfect time to purchase luxury holiday package deals, now it the right time! Based on the market trend nowadays, you can save both money and time when you go for a luxury holiday. There are countless offers that combine travel and accommodation in one package which is a lot cheaper than getting separate deals. Aside from that, it is also risky to individually book the services that you need for the vacation. You might end up missing out on some important details of the trip. Unlike when you take advantage of luxury holiday package deals, you can be sure that everything is organized meticulously and according to what you really need. Nonetheless, you would still need to carefully select the package that would fit your needs. Review the following tips in getting packages that are reasonably priced. · Normally, luxury tour packages include accommodation, flight travel and transportation to individual tourist destinations. It would be best to choose the complete package so you won’t have to worry about other vacation elements. In addition to that, these are the packages that have the biggest discounts. · You can get big mark down prices, if you will purchase more packages. It is not a bad idea to share the wonderful moment with your loved ones. By doing so, you would not only enjoy, you will also save more money. You can even use your savings for other activities on your vacation. · It would be best to know how much you are willing to pay for the luxury tour packages. You can already work around your budget. You have to stick to your budget. If not, you might end up spending a lot and you will be left with less money for your vacation. · Prices may vary depending on the destination of the tour. You can do a research about places that are attractive yet inexpensive. There are thousands of destinations and you just have to choose wisely. · There are packages that include recreational activities. This means that you are paying for all the activities when you purchase these packages. The right thing to do is to make sure that the activities that are included would be the ones that you really enjoy. There is no sense in paying for activities that will not really make your vacation memorable. If you are going with friends, you should also consider their preferences so that you can be sure that everyone will enjoy the trip. There are other ways on how you can be sure that you are getting the best deal for your luxury holiday vacation. No matter how you choose to do it, you have to get adequate information about the packages. This will help you determine whether it is worth the price.

(Total views: 196 Time, 1 visits per day)

Leave a Reply