{"id":9559,"date":"2020-02-03T16:24:27","date_gmt":"2020-02-03T21:24:27","guid":{"rendered":"http:\/\/pappp.net\/?guid=7dc46315136bf54a3e71041bd5b8588b"},"modified":"2020-02-03T16:24:27","modified_gmt":"2020-02-03T21:24:27","slug":"youtube-is-a-15-billion-a-year-business-google-reveals-for-the-first-time","status":"publish","type":"post","link":"https:\/\/pappp.net\/?p=9559","title":{"rendered":"YouTube is a $15 billion-a-year business, Google reveals for the first time"},"content":{"rendered":"

Source: The Verge - All Posts<\/a><\/p>\n

Article note: Well, knowing that YouTube is making $15 Billion a year makes the arguments about \"No competition because it's a money pit that Google supports for data and mindshare\" seem even less credible. \r\nIt also makes the amount of petty fuckery that Youtube monetization is famous for a lot harder to justify.<\/div>\"\"Illustration by William Joel \/ The Verge<\/small>\n\n

YouTube generated nearly $5 billion in ad revenue in the last three months, Google revealed today as part of parent company Alphabet’s fourth quarter earnings report<\/a>. This is the first report under newly instated Alphabet CEO Sundar Pichai<\/a>, who took over as the chief executive of the entire company late last year after co-founders Larry Page and Sergey Brin stepped back from day-to-day duties and promoted Pichai, formerly Google CEO, to the top spot. <\/p>\n

The announcement marks the first time in YouTube’s nearly 15 years as a Google-owned platform, since Google bought the website in 2006 for $1.65 billion, that the company has revealed how much money YouTube-hosted ads contribute to the search giant’s bottom line. <\/p>\n