Canada’s print media is to receive nearly two-thirds of an annual C$100 million payment from Google to the country’s news outlets in exchange for distribution of their content. Ottawa and Google announced a “historic” agreement, in which the tech giant would pay Canadian media companies compensation for the loss of advertising revenue. “The share that television and radio will receive is capped at 30 percent, that of CBC/Radio-Canada [Canadian Broadcasting Corp] at 7 percent, which leaves the remaining 63 percent for the written press. The annual compensation for news organizations, required by the Online News Act, will be distributed to outlets based on the number of full-time journalists they employed in the last calendar year who were producing original news content.