Google SGE could cost publishers $2 billion in ad revenue

Google SGE could cost publishers  billion in ad revenue

Google’s Search Generative Experience may result in a substantial loss of advertising revenue for publishers, potentially amounting to $2 billion. The AI-powered search engine is expected to trigger a significant decline in search traffic, ranging from 20% to 60%. Such a steep drop in search traffic for publishers is likely to lead in a sharp … Read more

Google faces $2.27 billion lawsuit by publishers over advertising practices

Google faces .27 billion lawsuit by publishers over advertising practices

Google is facing a $2.27 billion lawsuit by 32 media groups claiming that the company’s digital advertising practices have led to financial losses. The publishers, including Axel Springer and Schibsted, are based in various countries across Europe, such as Austria, Belgium, Bulgaria, the Czech Republic, Denmark, Finland, Hungary, Luxembourg, the Netherlands, Norway, Poland, Spain, and … Read more

Brand Breakdown: How Brand Marketing Impacts the $390 Billion Auto Industry

Brand Breakdown: How Brand Marketing Impacts the 0 Billion Auto Industry

The direct written premiums in the US auto insurance market are projected to reach $390 billion by 2030 according to McKinsey & Company. Companies that win auto insurance customers can grow revenue per customer even more by bundling in additional products like homeowners, life, and pet coverage. If you factor in the multi-year lifespan of… … Read more

Yelp ad revenue jumps 13% to record $1.28 billion

Yelp ad revenue jumps 13% to record .28 billion

Yelp’s ad revenue increased by 13% to a record $1.28 billion in the final quarter of 2023. Ad clicks for the year experienced a year-over-year growth of 5%, while the average cost per click (CPC) increased by 9%. Services sector. Yelp reported a record-breaking $793 million in advertising revenue from Services businesses in 2023, marking … Read more

Amazon’s ad services revenue rises 27%, bringing in more than $14 billion in Q4

Amazon’s ad services revenue rises 27%, bringing in more than  billion in Q4

Amazon generated $14.65 billion from its advertising services in the final quarter of 2023. The figure marks a 26.8% increase from the same period in 2022 – a result better than forecasts predicted by Wall Street. Why we care. Amazon’s outstanding performance helps to cement the digital advertising industry’s recovery from a challenging start to 2023. … Read more

Google search revenue rises to $48 billion, total ad revenue up 11%

Google search revenue rises to  billion, total ad revenue up 11%

Alphabet Inc., Google’s parent company, reported record-breaking advertising revenue of $65.52 billion in the fourth quarter of 2023, year on year. A 12.7% gain in search revenue was accompanied by a strong increase in revenue for YouTube ads by 15.5%. Google’s advertising network was slightly down 2.1%, however, this was an improvement on the 2.6% … Read more

Amazon’s ad services revenue rises 26%, bringing in more than $12 billion in Q3

Amazon’s ad services revenue rises 26%, bringing in more than  billion in Q3

Amazon generated $12.06 billion from its advertising services in the third quarter of 2023. The figure marks a 26.3% increase from the same period in 2022 – a result significantly better than forecasts predicted by Wall Street. Why we care. Amazon’s exceptional performance serves as a powerful signal that the digital advertising industry is experiencing a … Read more

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