News Media Alliance says revenue was almost as much as that of entire online news industry, although some question methodology
Google made $4.7bn in advertising from news content last year, almost as much as the revenue of the entire online news industry, according to a study released on Monday.
According to 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 last year.
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