Fairness Rocks News YouTube is now generating $2bn a month from ads – and grew faster than Netflix in Q1


Fairness Rocks News YouTube is now generating $2bn a month from ads – and grew faster than Netflix in Q1

Home Industry News YouTube is now generating $2bn a month from ads – and grew faster than Netflix in Q1

Author: Tim Ingham

Date: May 3, 2021

Original Source: Music Business Worldwide

Industry News

YouTube is now generating $2bn a month from ads – and grew faster than Netflix in Q1

YouTube‘s advertising business is exploding.

The platform’s latest revenue figures were revealed last week as part of the Q1 results of parent company Alphabet.

They show that YouTube is now generating an average of over $2 billion every month from ads – and that it’s potentially on course to generate somewhere near to $30 billion across the course of this year.

Read More: https://www.musicbusinessworldwide.com/youtube-is-now-generating-2bn-a-month-from-ads-and-it-grew-faster-than-netflix-in-q1/