YouTube’srevenue, which has become one of the most popular platforms of our time, was first announced. Google,which incorporated its YouTube platform nearly 14 years ago, also shared how much advertising revenue YouTube generated for the first time when announcing its fourth financial quarter results.
According to information shared by Alphabet,Google’s rooftop company, YouTube, the world’s largest video sharing platform, generated $15 billionin advertising revenue in 2019. Let’s also share that YouTube has generated $5 billion in revenue in the last three months alone.
Alphabet also shared details of the previous year, sharing YouTube’s $11 billion in advertising revenue in 2018. In short, YouTube has managed to generate $15 billion in revenue, increasing its advertising revenue by 36 percent in just one year.
How much advertising revenue YouTube generated has long been a question that has kept the tech world busy. After 14 years of waiting, this question has finally been answered. YouTube, a platform that makes money for its users thanks to advertising revenues, has also become one of the most popular business lines of our time.
According to information shared by Alphabet, the YouTube platform has 2 billion monthly active visitors. Another important information shared by Alphabet CEO Sundar Pichaiwas the number of users of YouTube Music and Premium. According to shared information, YouTube Music and Premium services have over 20 million paid users in total. The YouTube TV service has over 2 million subscribers in the United States.