YouTube grabs $8.93 billion in ad revenue during Q1
The video streaming platform earned nearly 10 percent of Alphabet’s overall revenue during the first three months of the year.
The video streaming platform earned nearly 10 percent of Alphabet’s overall revenue during the first three months of the year.
The plan costs $8 per month and offers commercial-free streaming of most videos on the platform.
The service will offer uninterrupted streaming of non-music video content, but lack offline downloads and access to YouTube Music.
Susan Wojcicki, the former CEO of YouTube who resigned last year to focus on her health and family, died this week at the age of 56.
Customers complained of buffering, other issues while trying to watch Sunday morning and afternoon football games.
YouTube saw its advertising business improve during parent company Alphabet’s second financial quarter of the year.
Marketers continue to pull back on ad spending via YouTube’s streaming video platforms, according to Google’s latest earnings report.
YouTube TV is still on track to bring a much-anticipated feature to subscribers of its live-streaming cable replacement service.
YouTube generated $7 billion in advertising revenue during its most-recent quarter, down from $7.2 billion reported last year.
The change was published in an email to YouTube users on Wednesday.
PBS was supposed to launch on YouTube TV this month, but financial complications and other setbacks have pushed back the date indefinitely.