Major · AI Search · Financial Results
People Inc. says Google search referrals have fallen 70% as it shifts beyond traffic
People Inc. told investors that Google search referrals to its content fell 70% over two years, including a 22% decline in Q3. The company said AI Overviews now appear on 90% of searches associated with its content. Despite a 26% fall in core sessions and recent layoffs, digital revenue rose 2% year over year to $289 million, as the publisher shifts toward non-session revenue and advertising products.
Why it matters: Marketers dependent on organic search, publisher distribution or site-visit-based revenue should treat this as a warning that visibility may no longer translate into clicks. It reinforces the need to measure branded demand, conversions and other outcomes beyond sessions, while diversifying acquisition and monetisation strategies.
