Google Made $4.7 Billion From the News Industry in 2018, Study Says

$4.7 billion is the amount that Google made from the work of news publishers in 2018 via search and Google News, according to a study by the News Media Alliance. That $4.7 billion is nearly as much as the $5.1 billion brought in by the United States news industry as a whole from digital advertising in 2018 — and the News Media Alliance cautioned that its estimate for Google’s income was conservative. For one thing, it does not count the value of the personal data the company collects on consumers every time they click on an article like this one.

The News Media Alliance is making the study public in advance of a House subcommittee hearing on June 11 on the interrelationship of big tech companies and the media.