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Feb. 17, 2021, 9:33 a.m. EST

News Corp. to provide Google News Showcase with premium content as part of 3-year news partnership

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By Tomi Kilgore

News Corp. /zigman2/quotes/204787942/composite NWS +1.36% announced Wednesday a three-year agreement with Alphabet Inc.'s /zigman2/quotes/202490156/composite GOOGL +0.27% Google, in which News Corp. will provide premium content for the Google News Showcase offering in return for "significant payments" from Google. MarketWatch publisher Dow Jones is a division of News Corp. As part of the agreement, News Corp. will provide news from its news sites, including The Wall Street Journal, Barron's, MarketWatch and the New York Post; The Times, The Sunday Times and The Sun in the U.K.; and The Australian, Sky News, news.com.au and other local titles in Australia. The agreement also includes the development of a subscription platform, the sharing of advertising revenue and investments in video journalism by Alphabet's YouTube. News Corp.'s stock rose 0.3% morning trading and Alphabet shares slipped 0.3%. Over the past three months, shares of News Corp. have rallied 30.7% and Alphabet have advanced 19.5%, while the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.17% has gained 8.3%.

/zigman2/quotes/204787942/composite
US : U.S.: Nasdaq
$ 24.59
+0.33 +1.36%
Volume: 49,343
April 14, 2021 10:48a
P/E Ratio
N/A
Dividend Yield
0.82%
Market Cap
$15.06 billion
Rev. per Employee
$383,319
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,260.50
+6.07 +0.27%
Volume: 213,620
April 14, 2021 10:47a
P/E Ratio
38.52
Dividend Yield
N/A
Market Cap
$1524.00 billion
Rev. per Employee
$1.35M
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/zigman2/quotes/210599714/realtime
US : S&P US
4,148.77
+7.18 +0.17%
Volume: 534.94M
April 14, 2021 10:48a
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