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An AI-hungry Google (GOOG, GOOGL) isn't playing nice with one of the largest content publishers on the internet.
"Here's the truth. For a long time, we had a deal with Google, an unwritten deal, which was 'you can use our content to build your search product, and in return, we get sessions,'" People Inc. (PPLI) CEO Neil Vogel told Yahoo Finance from the Goldman Sachs Communacopia & Tech Conference (video above). "Now the search product has turned into an AI product by and large, and they still use our content to train their AI, both in real time and in a training way — we don't have to get into the AI terminology of it — but now they don't share anything with us."
Google's push into AI-powered summaries has upended search traffic for publishers. Many fear the situation will get worse, triggering more sweeping cost cuts among many players in 2026.
Vogel said the company has signed content licensing deals with Microsoft (MSFT), Meta (META), and OpenAI (OPAI.PVT). Ideally, he would also like to ink one with Google.