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News Corp. to provide Google News Showcase with premium content as part of 3-year news partnership


News Corp.
NWS,
-0.65%

announced Wednesday a three-year agreement with Alphabet Inc.’s
GOOGL,
-0.01%

Google, in which News Corp. will provide premium content for the Google News Showcase offering in return for “significant payments” from Google. MarketWatch publisher Dow Jones is a division of News Corp. As part of the agreement, News Corp. will provide news from its news sites, including The Wall Street Journal, Barron’s, MarketWatch and the New York Post; The Times, The Sunday Times and The Sun in the U.K.; and The Australian, Sky News, news.com.au and other local titles in Australia. The agreement also includes the development of a subscription platform, the sharing of advertising revenue and investments in video journalism by Alphabet’s YouTube. News Corp.’s stock rose 0.3% morning trading and Alphabet shares slipped 0.3%. Over the past three months, shares of News Corp. have rallied 30.7% and Alphabet have advanced 19.5%, while the S&P 500
SPX,
-0.27%

has gained 8.3%.



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