Alphabet, the owner of Google, has revealed for the first time how much it earns from advertising on YouTube.This became clear from the
Google acquired YouTube in 2006 for $1.65 billion.Now it has been revealed that in 2019, advertising brought YouTube more than $15 billion.This is 36% more than in the previous year.
The video service itself brought about 10% of the company's total revenue, which, by the way, amounted to $162 billion.
It's worth noting that YouTube also has non-advertising revenue that comes inPremium subscription, which allows you to watch videos on the service without ads, as well as YouTube Music.
Subscription revenue is part of Google’s other revenue. Over the year, there was an increase of 21%, to $ 17 billion.