OTTAWA — The group Google asked to distribute $100 million to news outlets in Canada has publicly released its governance model, which it says focuses on sustainability, equity and innovation within the industry.
The Canadian Journalism Collective submitted plans to Canada's broadcasting regulator this week outlining the structure of the board that will ultimately oversee the funds. That submission was made public on Wednesday.
This is a pivotal step as the journalism industry comes together to ensure the money is distributed equally, regardless of the business model or self-interest of any individual media outlet. CBC, which is guaranteed up to $7 million from the pot of money, will have a seat on the board and executive committee, but its representative will sit as an observer without any voting powers.
Last year, Google agreed to keep news on its search engine and pay Canadian news publishers $100 million annually, indexed to inflation, in order to be exempt from the Online News Act. This structure would continue to be shaped throughout the CRTC consultation and through engagement with stakeholders, the collective said.
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