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Dec 15, 2023 5:17 PM - The Canadian Press

Online News Act funding capped for private broadcasters, CBC: Report

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The regulation shows private broadcasters will receive at most 30-million-dollars from the fund, while CBC/Radio-Canada will see no more than 7 million dollars.

The final regulations for the Online News Act show the amount of funding both private broadcasters and the CBC will get through Ottawa's 100-million-deal with Google will be limited.

The regulation shows private broadcasters will receive at most 30-million-dollars from the fund, while CBC/Radio-Canada will see no more than 7 million dollars.

The rest of the money is earmarked for other qualifying news outlets like newspapers and digital platforms Last month Google agreed to contribute 100-million-dollars a year to Canadian news publishers, indexed to inflation, leaving it exempt from having to enter into compensation agreements with news publishers for linking to their content.

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