Well that didn’t take long.
Apparently the Brazilian boycott of Google News has cost them just 5% of their traffic. They think that’s “a price worth paying”. I’d say so too. I don’t know how their revenues stack up but I would be surprised if the financial cost was much greater than zero.
As Techcrunch says, the source (the Brazilian newspaper association) isn’t exactly unbiased but if this number is correct then “Google could be in trouble”.