Google owes news outlets at least $10 billion yearly, study estimates
Brier Dudley | Seattle Times Free Press editor
A revelatory new study estimates that Google and Facebook owe U.S. news outlets at least $12 billion a year for the value news content adds to their platforms.
Google owes publishers $10 billion to $12 billion annually and Facebook $1.9 billion, according to the study by professors at Columbia University and the University of Houston, with Boston-based consulting firm The Brattle Group.
“Existing deals made between these platforms and news publishers do not capture the full value generated by news content on the platforms,” it states.
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