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Google announces Digital News Initiative

Laurie Sullivan – MediaPost: “Google began rolling out a digital news partnership with eight European newspaper publishers acknowledging past mistakes with news organizations. On Tuesday the Mountain View, Calif. company pledged more than $164 million to nurture, support and fund digital journalism and news organizations. The Digital News Initiative’s road map focuses on working with news publishers to establish a product working group that fosters close and ongoing dialogue to explore product developments that increases revenue, traffic and audience engagement. Three key areas include product development, support of innovation, and training and research.”

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