Google earned $ 4.7 billion (about Rs 32636.62 crore) from journalists' work last year. It's earned through Google News or Search. This is a huge reduction in earnings from online advertising of media houses, which is a major source of income. Because of this, the operation of many media houses was limited or closed.
This information has come up in a report released on Monday by the News Media Alliance (NMA). NMA is an organization representing more than 2,000 American newspapers. News is a major contributor to Google's business.
The New York Times quoted NMA president and Chief Executive David Shevarn, that journalists who created this content (article and video) should get some part of this $ 4.7 billion. It has been said in the report that through Google's search and Google news, Google has earned this from the work of newspapers and publishers in 2018.
NMA cautioned that in this estimate, the value of Google's income has not been added, which is from private information that is collected every time a person likes or clicks on a single article. Another report shows that Google is the most costly technology company on lobbying to influence policy makers. Last year, Google spent $ 2.17 million on this item. It has been said in the report that more than any other company in the US does not spend so much money in this item.
