Google makes money by exposing eyeballs to advertisements. They will have less eyeballs in the future, and get fewer revenues as a result.
The whole concept France is pushing has been ludicrous all along. There's no revenue to share or for Google to lose. It's just a free service. Just free. No ads. No money.
The ads are on the search page. Not the news page.
Having data on online news reading habbits is a nice bonus, but the reason Google News exists is to boost ad sales to news sites.