Baku, April 28, AZERTAC
Google has pledged to give €150m ($163m; £107m) to European news publishers and journalism-focused start-ups over the next three years, according to the BBC.
The funds - which are part of a wider package - will be used to support the organisations' efforts to earn money from their own online coverage.
But several media groups that have been critical of Google are not involved.
The Financial Times, the Guardian, Spain's El Pais and Germany's Die Zeit are among those backing the initiative.