YouTube is on pace to book between $29B and $30B in revenue in 2021, equaling Netflix's expected revenue of $29.7B for the year
- YouTube is on pace to bring in annual revenue comparable to Netflix's. — The Google-owned video platform is seeing a rise in more traditional television advertisers. Tweets: @carnage4life , @bitcoinbirch , @sspencer_smb , @adamsinger , @tomgrissom , and @mediaevan See also Mediagazer Tweets: Dare Obasanjo / @carnage4life : YouTube is on track to make $29B-$30B this year. Netflix is expected to make about $29.7B this year. This is bonkers for a company Google bought for $1.65B which everyone thought was overpaying for a lawsuit magnet with no potential revenue streams. https://www.cnbc.com/... @bitcoinbirch : This explains why I can longer watch a video without being forced to watch two 5 sec ads every 45 seconds 😭 https://twitter.com/... Steven Spencer / @sspencer_smb : Google bought YouTube in 2006 for $1.65bln. $GOOGL $NFLX https://twitter.com/... Adam Singer / @adamsinger : Never waivered on my take that if YouTube were stand alone co they'd be more valuable than NFLX. This isn't even a hard one been saying it for many years (https://twitter.com/...). Content, quality, product, accessibility, community etc all so much better. YT is infrastructure. https://twitter.com/... Tom Grissom / @tomgrissom : I remember when Google bought YouTube for 2 billion dollars, seemed crazy at the time, copyright issues and all https://www.nbcnews.com/... https://twitter.com/... Evan DeSimone / @mediaevan : YouTube is the largest video platform in the world. It's on track to eclipse Netflix in revenue. Susan Wojcicki has still never testified before Congress about YouTube's recommendation algorithms or its content moderation policy. https://www.cnbc.com/... See also Mediagazer Expand More For Next Unexpand More For Next
YouTube is on track to make $29B-$30B this year. Netflix is expected to make about $29.7B this year. This is bonkers for a company Google bought for $1.65B which everyone thought was overpaying for a lawsuit magnet with no potential revenue streams. https://www.cnbc.com/...
I remember when Google bought YouTube for 2 billion dollars, seemed crazy at the time, copyright issues and all https://www.nbcnews.com/... https://twitter.com/...
Never waivered on my take that if YouTube were stand alone co they'd be more valuable than NFLX. This isn't even a hard one been saying it for many years (https://twitter.com/...). Content, quality, product, accessibility, community etc all so much better. YT is infrastructure. h…
YouTube is the largest video platform in the world. It's on track to eclipse Netflix in revenue. Susan Wojcicki has still never testified before Congress about YouTube's recommendation algorithms or its content moderation policy. https://www.cnbc.com/...
$GOOG earnings beat: “Total revenues of $55.3 billion in the first quarter reflect elevated consumer activity online and broad based growth in advertiser revenue.” More from @jenn_elias: https://www.cnbc.com/...
Imagine being a company that makes an extra $5 billion in a quarter from equity investments, but not disclosing what those investments are because... I don't know... maybe they're not material? #Alphabetearnings
Monster earnings report from Alphabet ❗️ • Did $55B in revenue in Q1 growing 34% y/y: the fastest the company has grown since Q4 2013 • Youtube ads doing ~$24B run rate growing 49% y/y • Google Cloud is doing ~$16B run rate growing 46% y/y