YouTube’s subscription and advertising business helped generate a staggering amount of revenue for parent company Alphabet during the third quarter (Q3) of the year, driven primarily by higher interest in YouTube Premium and YouTube TV, the company said on Wednesday.
YouTube’s advertising business alone clocked in at nearly $10.3 billion, up more than 15 percent against the same time period last year, and accounting for more than 10 percent of Alphabet’s $102.4 billion in Q3 revenue.
Imogen
in reply to Imogen • • •Don’t tell me YouTube is loosing money or is unsustainable. They are raking in the dough.
Continue using ad blockers and continue giving them the middle finger. After all, it’s the honorable thing to do.