YouTube set to beat Netflix as the biggest video streaming business

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YouTube set to surpass Netflix as 'king of streaming,' based on this key metric

While also considered a social media platform, the Google-owned site's focus on video makes it a big rival for streamers like Netflix. And although Netflix has long been the biggest by revenue, YouTube's continued growth has it poised to beat it as soon as this year, according to Neil Campling, an analyst at Mirabaud Equity Research.

YouTube's ad revenue was $7.2 billion in the third quarter, up 43% from a year earlier. Meanwhile Netflix, with quarterly revenue of $7.5 billion, grew 16% during the same period. While YouTube has exponentially more users, Netflix has been able to win on revenue with its model of paid-only subscriptions. But with YouTube's continued rate of growth, Campling said it will"soon eclipse Netflix as the new king of streaming." If YouTube was a standalone company, he added in a note to investors, it would be worth $600 billion to $700 billion. Netflix's current market capitalization is $265 billion.

Part of YouTube's growth may be it's ability to do live streaming, which Netflix does not offer. Mirabaud noted that rapper Travis Scott's 2020 concert on the video game Fortnite was also streaming on YouTube where more than 140 million people watched it. Late last year, more than 142 million people

 

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It's only natural, but it's sad that movies will eventually go obsolete

基于这一关键指标,YouTube将超越Netflix成为“流媒体之王”

Wanna watch stupid people talking about stupid things on youtube or movies serials on netflix

Why are you comparing Apple to orange

Always has been

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