Google, who has been aggregating news from newspaper websites for a long time without providing remuneration to the publishers, have now reached a revenue sharing agreement with 36 newspapers and magazines.
An example of the Fast Flip application for the Washington Post…and the advertising possibility on the right
The deal is based on a new development from Google called the Fast Flip e-reader (http://fastflip.googlelabs.com), a software which lets the user read papers or magazines on the web (or mobile phones) in much the same way as they would the hard copy – by flipping pages – and there’s no delay in loading new pages. There’s no information about exactly how the ad revenue share is split between Google and the publishers.
Below, the Fast Flip kiosk with newspapers and magazines participating to the test