The Google alone made a whopping $4.7 billion from its Search and Google News in 2018 — nearly as much as the entire US news industry made as a whole last year.
According to a report in The New York Times, compared to Google, the news industry in the US made an estimated $5.1 billion from digital advertising.
The report took the data from the News Media Alliance which represents more than 2,000 newspapers across the US.
Nearly 40% of the clicks on Google's trending queries today are for news, which the tech giant does not produce itself.