BY SEAN CAPTAIN 2 MINUTE READ
A mesmerizing eight-minute video shows how AOL, Yahoo, and MSN fell to the current web kingpins over the course of two decades.
As the video shows, AOL remains the undisputed superpower until early 2000, with about twice the traffic of its nearest rivals, Yahoo and MSN. (Below them are true ancient relics, like the online networks GeoCities, Excite, and Lycos.) This was the year that the dial-up king purchased media giant Time Warner—creating a $162 billion behemoth that was the largest entertainment conglomerate in the world up till then. (Today’s biggest is Walt Disney, according to Fortune’s rankings.)
Articles at the time referenced the company’s signature line “You’ve got mail”—also the name of a 1998 Meg Ryan-Tom Hanks romantic comedy that portrayed a Barnes and Noble-type conglomerate as the greatest threat to mom-and-pop booksellers. (Amazon was just beginning its rise when the movie came out.)
But AOL had already hit its high-water mark when it bought Time Warner. By early 2001, Yahoo had eclipsed it in monthly visits, and AOL began a precipitous decline with only a few timid rallies over the years. Yahoo then looked like the Roman Empire of the internet—dominating with its web portal, email, and user groups for half a decade until Google stormed the gates. But Google’s dominance did not look inevitable in the late aughts, as it and Yahoo continually traded off the top-traffic title.
The modern era of the internet starts to emerge in 2007 when YouTube and Facebook seem to come out of nowhere. YouTube was founded just three years earlier, but got a huge boost in 2006 when Google bought it for what seemed like a whopping $1.65 billion. (The New York Times reckons that YouTube generates at least 10 times as much money per year today.) Facebook began in 2004 as a network limited to college campuses. When it opened to the public in 2006, it quickly came to dominate the internet, as Myspace sunk into oblivion.
The Google-YouTube-Facebook triumvirate emerged way back in 2012. But while those sites remain on top in 2019, their relative power has changed. Facebook’s share of the net has been declining since mid-2014 as Google surges ahead. And its absolute numbers have dropped from about 28 billion monthly visits in late 2017 to a still-stunning 23 billion-plus this month. Google’s traffic, however, is over three times as big on its own, and nearly four and a half times the size if you count YouTube.
But as the visualization shows, no tech platform has dominated for the entire history of the internet. Ultimately, there is no guarantee that today’s biggest traffic destinations will remain on top.
ABOUT THE AUTHOR
Sean Captain is a Bay Area technology, science, and policy journalist. Follow him on Twitter @seancaptain.
You must be logged in to post a comment.