Thursday, February 25, 2016

Google distributes 27 million euros for the European media – Le Figaro

More hundred innovative projects in 23 European countries will receive assistance from Google. The selected French companies will receive a total of 2.3 million.

In late October, Google announced the creation of the Fund for Innovation, to support the European media in their digital transition and to help the development of innovative projects. The fund has 150 million euros distributable over three years. Of this, 27 million euros have just been granted to 128 projects in 23 countries, on Wednesday unveiled Sundar Pichai, Google CEO. The main beneficiaries of these subsidies are Germany (€ 4.9 million), Spain (EUR 2.5 million), the UK (2.8 million), France and Belgium ( 2.3 million each). The next round of funding will take place this summer.

Google has not released the list of happy few, but some media have reported being subsidized. And diversity is required, both in the profile of companies (Financial Times to all young start-ups) in the winning projects. These range from virtual reality to crowdfunding, through the automated creation of graphics.

In France, AFP, Euronews and The Conversation young media were the first to be helped reveal by Google. The European channel based in Lyon working on a project in virtual reality reportage with 360 videos. The AFP will it, launch a platform of interactive infographics adopted mobile, translated into six languages. The Conversation is also focusing on computer graphics and exploitation of data to enrich its website. According Mind-Satellinet, Le Monde has also received assistance. The amounts collected will be communicated by Google.

In the UK, the Financial Times has obtained a grant for a project for detecting anomalies in the financial markets. This will alert the drafting and automatically create an article embryo, allowing journalists the economic newspaper to be extremely reactive. The Telegraph put him on automated computer graphics, which will cover initially the sports section. A live football match and can be enriched with real-time graphics on the ball, that player’s performance … not that journalists have to intervene.

D ‘ other original projects were assisted. The Dutch start-up WizeNoze intends to adapt the information wire agency ANP the reading level of children and adolescents. The news dispatches will be rewritten for 9-12 years and 13-15 years. In Portugal, Publico website received “over 300 000″ to develop a system offering a “recap of the news” every time a user visits. The latter will know what he missed, even if he is absent for a few hours. This “recap” will also be tailored to its interests. The Spanish El Diario aims to identify the most likely drives him to agree to co-finance a report, according to their tastes.

The Innovation Fund is not reminiscent of the Fund for digital innovation of the press (FINP), launched by Google in 2013 for the French media. It has distributed nearly 60 million euros in three years. The European Fund however, differs on some points. Maximum compensation is one million euros, against two million for FINP. EU aid is also open to any type of business, an established media to a start-up offering technologies that may be useful to information sites. The FINP it was reserved for securities classified IPG (political and general information).


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