Google made $4.7bn from news sites in 2018, study claims

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.
Read more: https://www.theguardian.com/technology/2019/jun/10/google-news-revenue-2018-new-study?source=Snapzu