Google made $4.7bn from news sites in 2018, almost matching revenue of entire industry

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Google made $4.7bn from news sites in 2018, almost matching revenue of entire industry
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According to report by the News Media Alliance, between 16% and 40% of Google search results are news content

Google made $4.7bn in advertising from news content last year, almost as much as the revenue of the entire online news industry.

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%
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The Guardian /  🏆 84. in MY
 

Wouldn't it be wonderful if they gave some back in order to help those impacted by their capitalist ideals?

Taxes?

Right..let us hope the G20 minimum corporation tax is up and running as soon as possible

They made $4.7B displaying ads in their search results and you made money with the traffic they directed to you. Win-win.

Rentseeking monopolist bullies who didn’t even invent the algorithm they use and have spun the claim it was all invented in Silicon Valley garages, bullshit.

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