Google.com is kicking Yahoo!, MSN.com, Ask.com and AOL.com in the teeth. Those four horsewomen could buy up every search engine out there and add 1% to their market share. Heck, they can combine forces and have 39% to Google’s 61%, and judging by the latest stats, over the next months and quarters, that ratio will probably skew favorably towards Google.
While everyone still raves about search - and justifiably so with 40% of all online advertising revenues - the future of new media remains video… and there, Google Corp. (or is Google Inc.?) other asset YouTube (and WatchMojo.com distribution partner) commands an even bigger grip of eyeballs in its segment?
Sure, revenue-wise YouTube isn’t looking as hot as Fox Interactive Media, ABC or NBC… but the fact remains, over time, YouTube will generate meaningful revenues.
With global advertising being a $500B market and online advertising currently not even a $100B… is Google the most dominant company in any industry, ever?
Worth asking. Also worth asking:
Will Google be worth more than MSFT come 2010?
Time will tell.
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September 7th, 2008 at 8:53 am
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