Media Study Shows How Much Google Is Making From News

Google made as much as $4.7 billion in 2018 from news it does not own

Google made as much as $4.7 billion in 2018 from news it does not own

The tech giant made $4.7 billion from publisher content surfaced in Search and News previous year, according to the study from the News Media Alliance. "The public should be aware of Big Tech's death grip on publishers and the power they have over the online marketplace", they added.

The study also shows the importance of news to Google's revenue stream: a reported 40 percent of clicks within trending queries are news-based.

According to a study, issued on Monday by the News Media Alliance, between 16% and 40% of Google search results are news content. Google's revenue from its distribution of news content is only $400m less than the $5.1bn brought in by the United States news industry as a whole from digital advertising previous year. "If anything, the value to Google we've put on it is conservative, and I'm sure if you were at Google looking out, the number would strike you as conservative".

Chavren says his organization called for legislation to negotiate better terms with Google and Facebook.

Many publishers have experimented with adding video content to drive ad revenue, but that has been an inconsistent bet, at best.

Your search for the latest news on E3 or the Avengers is big business for Google.

The News Media Alliance, which it should be noted is itself a lobbying group for the media, makes the fairly irresponsible leap to say that the Google News app represented 0.7 percent of the company's overall revenue 11 years ago, so we can assume it represents about the same share today. Now "its news service" is only for operational goal, because the news was not reported by Google employees, was not published by Google - it simply indexed the work of other media companies. "We've joined forces with publishers on projects ranging from helping improve their mobile experiences and supporting subscriptions to deep advertising partnerships". Overall, Google's parent company Alphabet pulled in more than $135 billion in revenue previous year.

Experimental Treatment Could Slow Down Type 1 Diabetes In High-Risk Individuals
Karen Addington, UK Chief Executive of type 1 diabetes research charity JDRF, said: "Type 1 diabetes can be tough". The trial was conducted by Type 1 Diabetes Trialnet, which researches strategies to delay or prevent T1D.

As Weissman writes, "What's a bit infuriating about all of this is that Google probably does benefit in significant ways from being a major news destination, and at this point, there's an argument to be made for making it share some of those rewards with media organizations". That's garnered primarily through ads sold against search results, and it doesn't count the value of data Google collects on users that it can use to fine-tune future ads, for instance.

"These back of the envelope calculations are inaccurate as a number of experts are pointing out". "We've worked very hard to be a collaborative and supportive technology and advertising partner to news publishers worldwide", a company spokesperson said.

What could the government do?

According to Chavern, an outcome of any conversation generated by the study would be the passage of the Journalism Competition and Preservation Act.

A bipartisan bill recently introduced in the House and Senate would give the news industry some room to fight back. Book publishers tried mass negotiation with Apple some years ago, only to be met with a price-fixing lawsuit from the U.S. Justice Department. That's why news publishers are asking for a special exemption in this case.

Congress also has the ability to pass laws putting limits on companies' data collection or strengthening privacy protections for users. "It's a good business, where you write for them", Chavern stated.

Recommended News

  • Prosecutor Linda Fairstein Condemns Netflix Central Park Five Series

    Prosecutor Linda Fairstein Condemns Netflix Central Park Five Series

    In a 2016 essay, Salaam wrote: "When we were arrested, the police deprived us of food, drink or sleep for more than 24 hours". She also claims the film's "most egregious falsehoods" were the ways in which the teens were treated while in custody.
    Did The Jonas Brothers Leak News Of A My Chemical Romance Reunion?

    Did The Jonas Brothers Leak News Of A My Chemical Romance Reunion?

    It would literally just be like: 'Here's a new piece of music, we're putting this out and that's it, this is not up for debate'. In February, he told NME : "We definitely get offers regularly to reunite - it's a constant thing".
    Sprint T-Mobile merger gets hit with lawsuit from 10 states

    Sprint T-Mobile merger gets hit with lawsuit from 10 states

    The home Internet promise is not significant, as T-Mobile has already begun offering that service , the lawsuit said. The T-Mobile/Sprint deal would leave the USA with three major nationwide carriers instead of the current four.
  • ‘Outriders’ Gets Official Debut at Square Enix Conference

    ‘Outriders’ Gets Official Debut at Square Enix Conference

    The legend himself returns: Japanese composer Nobuo Uematsu is confirmed to be scoring the upcoming " Final Fantasy VII Remake ". The game is a drop-in/drop-out cooperative multiplayer shooter that will allow people to form a party of up to three players.

    Watch Dogs Legion officially announced - Release date, trailer, gameplay

    Furthermore, as seen in the demo, when your characters run into risky situations, they can die permanently. So we're not quite sure how it's actually going to create this photorealistic future London.
    Grizzlies name Bucks' Jenkins as new head coach

    Grizzlies name Bucks' Jenkins as new head coach

    In fact, Jenkins becomes the third Budenholzer protege to land a full-time gig, joining Kenny Atkinson and Quin Snyder before him. Budenholzer, of course, earned his shot as a head coach after 18 seasons working under Gregg Popovich in San Antonio.
  • ME  gov signs bill allowing non-doctors to perform abortions

    ME gov signs bill allowing non-doctors to perform abortions

    ME is also working on a bill to use taxpayer money to fund abortions for Medicaid recipients. Louis, May 31, 2019, the last location in the state performing abortions.
    Bentley unveils 2020 Flying Spur

    Bentley unveils 2020 Flying Spur

    As per the company, the new vehicle represents a quantum leap in technology, performance and innovation over its predecessor. Dealers will begin taking orders for the new Flying Spur this fall, with customer deliveries to begin early next year.
    Global stocks climb with bond yields on trade optimism

    Global stocks climb with bond yields on trade optimism

    Gold slipped nearly 1pc, having hit a 14-month high of $1,348.1 per ounce on Friday, near a major resistance around $1,350. Threats by the USA leader to introduce levies on Mexico sent the peso to a year-to-date low last week.
  • All 13 Goals U.S Women's National Team Scored Against Thailand

    All 13 Goals U.S Women's National Team Scored Against Thailand

    Adding to the USA dominance, Rose Lavelle and Samantha Mewis added two goals each. "I give Thailand a lot of credit", Mewis said. The Americans poured on the goals and defeated Thailand 13-0 - the biggest blowout in the tournament's history.
    Zelda: Breath of the Wild sequel in the works

    Zelda: Breath of the Wild sequel in the works

    Yesterday we learned all about what Square Enix is cooking , including a Final Fantasy VII remake and a new Avengers game . Overall, it was a pretty impressive roster at E3, and we can't wait to get our hands on all of these new games!
    Uber Air's $100 'flying taxi' rides between Melbourne CBD and airport

    Uber Air's $100 'flying taxi' rides between Melbourne CBD and airport

    Macquarie's role would be around "the development and electrification of the skyports that will support" Uber's air taxis. Centre for Urban Research expert Chris De Gruyter was sceptical about whether Uber Air can can solve transport problems.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.