To those of you who said “Google News isn’t a media competitor! It’s just an aggregator:” I give you AdWords on Google News.
I’ve previously written about how Google News was generating more than $100 million in revenue, according to a Google VP.
I’ve written about how Google’s Knol is becoming a competitor to media companies by becoming a content creator.
I’ve covered how Google News is trying to be a local aggregator of news (rather than your site being the aggregator).
I’ve pointed out how Google is circumventing news sites’ search features with their own searches.
And I haven’t even addressed how Google is gaining enormous control over the online advertising market, especially with Yahoo in the financial pits.
That 30+% of site traffic from search engines is nice, but are we really still arguing that Google isn’t a competitor to news and media sites?