As the journalism industry gathers once again to wring its hands about the future, Google has thrown it a bone with new limitations on its “First Click Free” policy for news stories shown on Google News. Companies that operate subscription-based Web sites–such as The Wall Street Journal–don’t want to expose the full text of their articles to Google. But despite what WSJ owner Rupert Murdoch says, most of them also want their articles and sites discoverable through Google and Google News. As a compromise, Google has allowed those publishers to participate in what it calls a “First Click Free” program, where articles accessed through Google News links can be seen in their entirety, but if the user attempts to click anywhere else on that story page, they are directed to a sign-up page.

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