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Revenue For Google And Yahoo Costs Competitors





I'm financially benefiting from Google and am part of the dynamics too. Yes, I don't read much traditional media now (except for persoanl finance or business magazines).

From Information Week:

According to the report, the 10 largest information companies are Daily Mail & General Trust, Gannett, McGraw-Hill, Pearson, Reed Elsevier, Reuters, Thomson, Tribune, VNU, and Wolters Kluwer. Together, they generated $60 billion in revenue in 2004, an increase of $4 billion over 2003.

Google and Yahoo together brought in $6.5 billion in revenue in 2004, an increase of $4 billion since 2003.

"That $4 billion in revenue growth from Google and Yahoo," says Chuck Richard, lead analyst at Outsell, "some of that is marketing and advertising spending that would have gone to the other 10 companies. This is most clearly evident in the newspaper and the B-to-B trade magazine areas, where the problems are quantifiable."

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