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50/50 And Fair: Publishers Moving Forward With AI Licensing Deals

By Mark McCormickJuly 27, 20267 min read
Publishers and AI companies negotiating content licensing deals

From its leadership on standing up against Big Tech companies not wanting to pay for publisher content to its longstanding efforts in showcasing the value of news and magazine media, the News/Media Alliance has long been a guiding light for publishers.

That work has only continued even stronger in the AI era, with the trade association calling out illegal AI scraping and supporting responsible AI by asking Washington to require compensation, transparency, attribution, and general AI practices that ultimately aren’t anti-competitive.

NMA’s next step in this brave new AI world was recently announced, as the group is partnering with Bria to give its members an AI licensing agreement they may opt into, which would put them into what Digiday said is a 50/50-split revenue share system based on the degree Bria uses their content.

“This agreement shows a path towards a future in which our industries grow and thrive together,” says NMA president and CEO Danielle Coffey, “with AI companies benefiting from the high-quality content that our publishers create, and publishers receiving a fair portion of the revenue that their work produces for AI companies.”

Coffey called AI’s use of publisher content without compensation “devastating for our industry,” saying this alternative simplifies matters for AI companies to “reduce transaction costs and responsibly source their content.” In addition to benefiting from fair attribution and revenue shares, publishers can also opt-in for retrieval-augmented generation (RAG), the process Digiday described as “where AI models mine the web for information to fulfill user queries,” as opposed to that model being trained on content.

The deal is a particularly significant win for small publishers, according to A Media Operator in its newsletter, as they would otherwise be less likely to cut deals on their own. To become truly “meaningful,” the newsletter argues, this type of agreement will need to join “similar style deals with many more players.”

“No one platform is going to drive meaningful revenue, but if publishers are getting cuts from a number of different providers, it becomes more interesting,” A Media Operator wrote.

The 2,200 media organizations in NMA can access this program (as well as the licensing agreement offered for ProRata AI and its answer engine) here.

Publisher / AI Licensing Deals

Of the AI companies proactively making deals with publishers to license their content, OpenAI has been the busiest and biggest spender, with some estimates saying it deals out as much as $500 million on annual content licensing, more than half of the industry-wide spend. The other big AI players have also developed patterns and earned reputations with their deals, as these lists of publisher / AI licensing deals help spell out.

OpenAI — Most Active

Publisher / Partner Est. Annual Payment Deal Length Date
News Corp ~$50M/yr ($250M+ over 5 years) 5 years May 2024
Reddit ~$60-70M/yr Multi-year May 2024
Axel Springer “Tens of millions of euros” per year 3 years Dec 2023
Condé Nast Undisclosed (multi-year) Multi-year Aug 2024
Dotdash Meredith/People Inc. $16M+/yr (fixed minimum; variable on top) Multi-year May 2024
Financial Times ~$5-10M/yr Multi-year Apr 2024
Associated Press Undisclosed 2 years Jul 2023
Le Monde Undisclosed (multi-year) Multi-year Mar 2024
Prisa Media (El País) Undisclosed Multi-year Mar 2024
The Atlantic Undisclosed Multi-year May 2024
Vox Media Undisclosed Multi-year May 2024
Time Magazine Undisclosed (access to 101-year archive) Multi-year Jun 2024
Hearst Undisclosed Multi-year Oct 2024
The Washington Post Undisclosed Multi-year 2025
The Guardian Undisclosed Multi-year 2025
Axios Undisclosed (includes funding for 4 local newsrooms) 3 years Jan 2025
Schibsted Media Undisclosed Multi-year 2025
Shutterstock Part of Shutterstock’s $100M+ total AI licensing revenue 6 years (renewed) Originally 2023

Microsoft — Best Publisher Relations

Publisher / Partner Est. Annual Payment Deal Length Date
Informa/Taylor & Francis (academic journals) ~$10M in first year + recurring through 2027 Through 2027 May 2024
Copilot Daily partners (Financial Times, Reuters, Axel Springer, Hearst, USA Today Network) Undisclosed (paid partnerships) Multi-year Oct 2024
People Inc./Dotdash Meredith Undisclosed (“a la carte” pay-per-use model) Multi-year 2025

Google — Most Reluctant

Publisher / Partner Est. Annual Payment Deal Length Date
Reddit ~$60M/yr Multi-year Feb 2024
Associated Press Undisclosed (first Google AI content deal) Multi-year Jan 2025
Stack Overflow Undisclosed Multi-year Feb 2024
Shutterstock Undisclosed (part of Shutterstock’s $100M+ AI revenue) Multi-year Pre-2024
Publisher pilot program (Der Spiegel, El País, The Guardian, Washington Post, Times of India, others) Undisclosed Pilot Late 2025

Meta — Late Starter

Publisher / Partner Est. Annual Payment Deal Length Date
Reuters Undisclosed Multi-year Oct 2024
CNN Undisclosed Multi-year Dec 2025
Fox News/Fox Sports Undisclosed Multi-year Dec 2025
People Inc. Undisclosed Multi-year Dec 2025
USA Today/USA Today Network Undisclosed Multi-year Dec 2025
Le Monde Group Undisclosed Multi-year Dec 2025
The Daily Caller Undisclosed Multi-year Dec 2025
Washington Examiner Undisclosed Multi-year Dec 2025
Shutterstock Undisclosed Multi-year Pre-2024

Amazon — Most Interesting Partnership (With The Seemingly AI-Contentious NYT)

Publisher / Partner Est. Annual Payment Deal Length Date
The New York Times (news, NYT Cooking, The Athletic) ~$20-25M/yr Multi-year May 2025
Condé Nast (for Rufus shopping assistant) Undisclosed Multi-year Jul 2025
Hearst (for Rufus) Undisclosed Multi-year Jul 2025
200+ publishers for Alexa+ (Business Insider, Forbes, Reuters, Washington Post, Time, Vox, USA Today, others) Undisclosed Multi-year Feb 2025

Apple — Most Likely To Seek Permission First

Publisher / Partner Est. Annual Payment Deal Length Date
Shutterstock (images, video, music) $25-50M (likely one-time or first year) Unknown Late 2022
News publishers (reportedly in talks with Condé Nast, IAC/NBC, others) Reportedly $50M+ minimum planned spend Unknown 2024

Other Publishers / Partners

Publisher / Partner Est. Annual Payment Deal Length Date
Perplexity: 12+ publishers (LA Times, The Independent, Fortune, others) Ad revenue sharing model Unknown Dec 2024
Perplexity: USA Today Co. (200+ local publications) Revenue sharing Unknown Jul 2025
Prorata.ai: 500+ publishers (The Atlantic, Fortune, Time, Daily Mail, The Guardian, others) 50% revenue share model Unknown 2025
Mistral (France): Agence France-Presse (AFP) Undisclosed Unknown 2025
Wiley (academic publisher → unknown AI company) $23M one-time One-time Mar 2024
Springer Nature → Google Undisclosed One-time Jul 2024
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