Google earned $4.7 billion through news search in 2018: Study

The study has revealed that Google makes money through content from more than 2000 newspapers and websites across the US; content that Google itself does not create

e4m by exchange4media Staff
Updated: Jun 11, 2019 3:46 PM
Google

Google has earned $4.7 billion through search and Google News during the year 2018 according to a study by News Media Alliance, state reports. The study has revealed that Google makes money through content from more than 2000 newspapers and websites across the US; content that Google itself does not create. 

According to news reports, David Chavern, News Media Alliance President and CEO said "The journalists who create that content deserve a cut of that $4.7 billion. They (Google) make money off of this arrangement and there needs to be a better outcome for news publishers".

The study also claims that nearly 40 per cent of the clicks on Google's trending queries are for news and since parent company Alphabet is an important distributor for news publishers, Google should acknowledge the news agencies' contributions to their revenue.

Chavern also added that he hopes the study will start the discussion around the passing of the Journalism Competition and Preservation Act which would allow news publishers a four-year anti-trust exemption and enable them to collectively bargain with owners of online platforms over sharing revenue.

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