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  • Google for the first time told how much profit YouTube brings

    Google, which is part of the Alphabet holding company, has published a financial report for the fourth quarter of 2019. One of the most interesting points in the document was the profit from YouTube video hosting. In particular, Google told the revenue generated from advertising.

    Google for the first time told how much profit YouTube brings

    For 14 years, during which the YouTube service is owned by Google, the company has never published data that reveals the site's revenues. According to a published report, last year, advertising on YouTube brought the company $15 billion - an amount that is 10% of Google's total revenue. At the same time, over the past three months, advertising has brought the service $5 billion.

    Thus, Google's revenue from YouTube is about 20% of Facebook's revenue level and six times higher than Twitch's financial results. According to the company, about 20 million users have chosen a premium subscription that allows you to view videos without ads. Another two million preferred the paid TV service YouTube.

    Google earned $5.3 billion in sales of smart speakers and Pixel smartphones in three months. At the same time, Alphabet's total revenue for this period was $46 billion, which is 17% more than in 2018.

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