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Internet Cos. May Have To Pay Publishers For News Under New EU Rules

News aggregators like Alphabet Inc.’s Google news search may have to pay publishers to list snippets of articles on their Web sites under plans by the European Union’s executive body to update the bloc’s copyright rules, according to a report in the Wall Street Journal. "The European Commission is slated to propose that national legislation be allowed to require news publishers to claim compensation from internet companies, according to an internal document.... The proposals are still being discussed internally. The possible EU move to pave the way for potentially lucrative agreements between publishers and web giants could be a boon to news publishers who have been hurting from falling revenue as more readers consume news online."

Read the whole story at Wall Street Journal »

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