NYT receiving $100M as part of its expanded Google content deal - WSJ
Ramin Talaie

The New York Times (NYSE:NYT) is reportedly receiving about $100M from Google (NASDAQ:GOOG) (NASDAQ:GOOGL) as part of a deal to pay for content.
The deal was announced (but with no financial details) earlier this year. But the NYT will get $100M in the transaction over a three-year period, The Wall Street Journal
reported.

It's a deal that expands an existing agreement and allows for content distribution and subscriptions along with using Google's tools for marketing and ad-product experimentation, as well as further work on Subscribe with Google and Google Ad Manager, the NYT said.
The two companies had previously collaborated on new technology including using Google Cloud to transform the NYT's data infrastructure; expanding ad formats; digitizing its archive of photos and clippings; and tapping machine learning for comment moderation.