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deklerk | 5 years ago
And, note, that deal was only a 4 year deal from 2017-2021 [1]. It's not like a decades-old source of revenue that's dried up.
And even though the deal is expiring, they've had deals before (yahoo etc), and will certainly have more in the future.
1: https://www.computerworld.com/article/3240008/mozillas-recor...
2: https://www.cnet.com/news/google-firefox-search-deal-gives-m...
stonogo|5 years ago
"Approximately 91% and 93% of Mozilla’s royalty revenues were derived from these contracts for 2018 and 2017, respectively, with receivables from these contracts representing approximately 75% and 79% of the December 31, 2018 and 2017 outstanding receivables, respectively."
Since for 2018 'Royalties' income was about 430 million, and reports are[2] that the deal was 300 million per year from Google, it's still a massive chunk of Mozilla's operating income, but you're right, it's not 90%. It's more like two thirds of their revenue coming from their market-dominant direct competitor.
Also note that while this specific contract is a four-year deal, Google had been paying Mozilla millions even before then; in 2006 most of Mozilla's money came from Google (note the source is a now-deleted blog post from the current CEO of Mozilla)[3]. It is indeed a decades-old source of revenue, but it remains to be seen if it's dried up; word is they're renewing the contract, but we'll have to wait for Mozilla's next financial report to get more information.
1- https://assets.mozilla.net/annualreport/2018/mozilla-fdn-201...
2- http://allthingsd.com/20111222/google-will-pay-mozilla-almos...
3- https://www.cnet.com/news/a-dangerous-conflict-of-interest-b...
deklerk|5 years ago