Amazon’s deal to license a broad range of New York Times content comes with a meaty payday for the publisher: $20 million to $25 million a year, according to people familiar with the matter.

Amazon’s deal to license some content from The New York Times for use on the tech giant’s artificial intelligence platforms will cost at least $20 million annually, The Wall Street Journal reported Wednesday.

Amazon (AMZN) will pay around $20M to $25M in licensing fees per year to The New York Times (NYT) to gain access to the news publisher's content under a multiyear AI deal, sources familiar with the matter told The Wall Street Journal on Wednesday.