Learn about Google's earnings from the News service over the past year
A recent report revealed that Google alone received nearly 4.7 billion dollars of search and news services last year, 2018, which is equivalent to the same as the entire news industry in the United States over the past year.
According to a New York Times report, compared to Google, the US news industry generated an estimated $ 5.1 billion in digital advertising, News Media Alliance Which represents more than 2,000 newspapers across the United States.
About 40% of Google's common queries today are news, which is not produced by the same technology giant. Google and Facebook control the distribution of news and 80 percent of the "trafic" is channeled through these two companies to various news sites.
According to the New York Journal, one in five local newspapers in the United States have been closed since 2004 and from 2008 to 2017, the rate of employment in the newsrooms fell by 23 percent, representing about 27,000 jobs.
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