Home / Technology / Media Group Study Finds Google Makes Billions From News

Media Group Study Finds Google Makes Billions From News

Google took in some $4.7 billion in revenue in 2018 from “crawling and scraping” news websites without paying publishers, according to a media industry-sponsored study released Monday

Washington, (UrduPoint / Pakistan Point News – APP -) :Google took in some $4.7 billion in revenue in 2018 from “crawling and scraping” news websites without paying publishers, according to a media industry-sponsored study released Monday.

The study by the News Media Alliance underscores industry arguments about Google and other online giants harming traditional news organizations by dominating the internet news ecosystem and ad revenues generated through it.

According to the study, Google has increasingly monetized news content as it works to keep consumers in its ecosystem, and that news searches helps the internet giant gather data from its users to help tailor its other products.

The report is expected to be presented this week to a congressional hearing on antitrust abuses by Big Tech firms and to support legislation that would allow news organizations exemptions from antitrust to negotiate digital revenues.

Google disputed the findings of the study, as did some media analysts.

“These back of the envelope calculations are inaccurate as a number of experts are pointing out,” a Google spokesperson said

Check Also

US Lawmakers Seek Documents From Internet Giants For Antitrust Investigation – Committee

US lawmakers have asked Alphabet, Amazon, Apple and Facebook to hand over internal emails and …