YouTube says it paid the music industry more than $3 billion last year

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YouTube CEO Susan Wojcicki said YouTube paid more than $3 billion to the music industry last year from ads and subscriptions.

generated

$15.15 billion in revenue in fiscal 2019, with $4.72 billion generated in the fourth quarter alone. However, the segment didn't include YouTube's non-advertising revenue, like subscriptions for YouTube TV, which are included in Google's "other" revenue segment.they didn't get the key points stakeholders still want.

In Friday's blog post, which marked YouTube's 15th birthday, Wojcicki said one goal for 2020 is to deepen the company's partnership with the music industry, media companies, creators and advertisers.

 

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YouTube has made more millionaires than record companies 💻

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