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

News Corp.

announced Wednesday a three-year agreement with Alphabet Inc.’s

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, 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

has gained 8.3%.


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