BloombergQuint: The Whole Web Pays For Google And Facebook To Be Free

BloombergQuint: The Whole Web Pays For Google And Facebook To Be Free. “Advertising was always more lucrative than simply selling to consumers. Back in 2006, the New York Times charged readers an average of $534 for a subscription, while it brought in a further $1,064 per subscriber from ads….Now that privilege is reserved for the tech giants. Since 2017, Facebook has almost doubled its average revenue per user in the U.S. and Canada to $159 a year, by serving up more ads and increasing prices when it needs to. Analysts expect Facebook’s total revenue to more than double again to $176 billion by 2024.”

Leave a Reply

%d bloggers like this: