Google backs French digital publishing innovation initiative with €60 million incentive

Google's long had a contentious relationship with France. But it seems the Mountain View-based company has come up with a way to squash that problem: by throwing money at it. Taking to the company's official blog today, Chairman Eric Schmidt announced the creation of a €60 million Digital Publishing Innovation Fund, in cooperation with French prez François Hollande, that will help "stimulate innovation and increase revenues" for the country's publishing houses. And in a move that's in no way self-serving as a gesture of goodwill, Google's also pledging to partner with those publishers to help monetize their digital offerings using AdSense. In the search giant's defense, it had begun to work more closely with La France back in 2011, even going so far as to create a cultural center in Paris; a city it once described as "one of Europe's fastest-growing Internet economies." So, okay, maybe there's more to this investment than beefing up the bottom line. Now, if only Google could talk to Hollande about the hashtag...Filed under: Internet, GoogleCommentsSource: Official Google Blog Continue reading at 'Engadget'

[ Engadget | 2013-02-02 00:00:00 UTC ]
News tagged with: #contentious relationship #increase revenues #publishing houses #digital offerings #search giant #cultural center #bottom line

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Johnson says Waterstone should give up on buying back chain

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[ The Bookseller | 2011-04-20 00:00:00 UTC ]
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Despite Google Changes, Demand Media Foresees Q1 Growth

In a statement released yesterday, Demand Media reaffirms the financial outlook for fiscal year 2011 given on February 22, despite the Google algorithm change which took place in late February. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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Digital's Nice, But Paper-Over-Board Offers Something Different

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[ Publishers Weekly | 2011-04-18 00:00:00 UTC ]
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The Knot Stops Print Edition of The Nest; Converts to Digital-Only

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[ Folio Magazine | 2011-04-16 00:00:00 UTC ]
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Social Traffic Worth Less to Publishers Than Search

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[ AdWeek | 2011-04-15 00:00:00 UTC ]
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The Advocate Chooses DTI's Cloud Publishing Platform to Future-Proof Operations

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[ Editor & Publisher | 2011-04-15 00:00:00 UTC ]
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Fiction Express seeks interaction from readers for digital series

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[ The Bookseller | 2011-04-15 00:00:00 UTC ]
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John Murray pics up Harkaway on digital

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[ The Bookseller | 2011-04-15 00:00:00 UTC ]
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Mehta hails publishing after lifetime award

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[ The Bookseller | 2011-04-13 00:00:00 UTC ]
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Time Inc. Veteran John Squires Lands at Digital Bookstore [MediaMemo]

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[ AllThingsD | 2011-04-13 00:00:00 UTC ]
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[ The Bookseller | 2011-04-13 00:00:00 UTC ]
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Tynt Offers Tracking Tools for Publishers

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[ Folio Magazine | 2011-04-13 00:00:00 UTC ]
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[ The Bookseller | 2011-04-12 00:00:00 UTC ]
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[ The Bookseller | 2011-04-12 00:00:00 UTC ]
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[ Media Week | 2011-04-11 00:00:00 UTC ]
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[ The Bookseller | 2011-04-10 00:00:00 UTC ]
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[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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[ The Bookseller | 2011-04-07 00:00:00 UTC ]
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[ The Bookseller | 2011-04-05 00:00:00 UTC ]
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[ The Bookseller | 2011-04-05 00:00:00 UTC ]
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