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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National Maritime Museum looks to move into publishing

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[ The Bookseller | 2011-02-10 00:00:00 UTC ]
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EU Publishers Blast Apple's IPad Subscription Plan

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[ PC World | 2011-02-10 00:00:00 UTC ]
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Digital and Kobo help push sales at Indigo

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[ The Bookseller | 2011-02-09 00:00:00 UTC ]
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[ The Bookseller | 2011-02-08 00:00:00 UTC ]
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French book sales down 1.5% in 2010

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[ The Bookseller | 2011-02-07 00:00:00 UTC ]
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iPad is a devil's deal for publishers

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[ Betanews | 2011-02-04 00:00:00 UTC ]
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Agency could be on hold for new publishers

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[ The Bookseller | 2011-02-04 00:00:00 UTC ]
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Google shows off the graphical power of Android 3.0 Honeycomb

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[ Betanews | 2011-02-03 00:00:00 UTC ]
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[ The Bookseller | 2011-02-03 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ The Bookseller | 2011-02-02 00:00:00 UTC ]
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[ Publishers Weekly | 2011-02-02 00:00:00 UTC ]
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[ Folio Magazine | 2011-02-02 00:00:00 UTC ]
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Jamie back on top as Costa winner shows mutability

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[ The Bookseller | 2011-02-01 00:00:00 UTC ]
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[ Publishers Weekly | 2011-01-31 00:00:00 UTC ]
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Man Booker to accept digital submissions for first time

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[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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[ PC World | 2011-01-27 00:00:00 UTC ]
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[ Folio Magazine | 2011-01-27 00:00:00 UTC ]
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