Google's ad revenue demolishes newspaper, magazine industries

Google's ad revenue is big businesses, big enough that it dwarfs the newspaper and magazine industries.

@anthony256
Published Wed, Nov 13 2013 4:28 AM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Google is a gigantic company, a company that pretty much just prints its own money from advertising. Well, according to Business Insider's Henry Blodget, Google's yearly ad revenue has soared - and has overtaken both the magazine and newspaper industries.

Google's ad revenue demolishes newspaper, magazine industries | TweakTown.com

If you look at the graph above, you can see that Google wasn't making that much money from ads in 2004... but each year sees a massive increase in profits made, and each year that Google makes more and more profits, the magazine and newspaper industries take an even bigger hit. Sure, back in 2004, the US newspaper industry was doing great business, but that has been knocked down, considerably.

If Google can keep at this pace, it will demolish the newspaper and magazine industries' profits in just a few years time.

NEWS SOURCE:bgr.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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