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What will be the impact of Google's $110 million deal on California's local news by end of 2025?
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Resolution / Starting Odds
Significant Positive Impact • 25%
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Industry reports or studies conducted by media analysis firms
Story
Google Reaches $110 Million Deal with California to Support Local News Industry
Oct 11, 2024, 05:15 PM
Google has reached a controversial deal with California lawmakers to support the state's local news industry. The agreement, which involves Google spending $110 million, was contingent upon securing taxpayer funding. The private negotiations revealed Google's significant influence and use of ultimatums to achieve the deal. This move aims to prop up the ailing journalism sector in California.
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Google • 25%
Other tech companies • 25%
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