Connect with us

News

YouTube made 15 billion in ad revenue in 2019 – Yep, that makes them bigger than Viacom

Lemme hold $5, Alphabet.

Youtube logo on laptop showing content and subscribers
Image: Unsplash

Google’s parent company, Alphabet, just released its fourth-quarter earnings report, and this time there’s an interesting addition to the figures. For the first time, YouTube’s ad revenue has been explicitly reported, not just as part of Google’s overall revenue. This is the first time in the 15 years of Google’s ownership of YouTube that we’ve had a glimpse of the returns on the $1.65 billion investment Google made.

And holy heck, it’s a fuckton of money. Fifteen billion dollars in ad revenue last year from YouTube alone, nearly 10 percent of Google’s total revenue.

Holy SHIT, YouTube is making bank for Alphabet

If you’re not a Wall Street type, the earnings of any company are pretty dry reading. I mean, it’s pretty dry reading for those guys too, just they get paid a bunch of cash to do things with those reports.

Maybe it’s easier to put that whopping figure into things you could buy. Like the border wall, or you know, any of the actually altruistic things mentioned in that article such as solving half of the global food crisis. Or if baseball is your jam, you could be the proud owner of not just the New York Yankees, but also the Los Angeles Dodgers, Boston Red Sox, and the Chicago Cubs. You wouldn’t have any cash left to pay their salaries though, so maybe just buy the top 3?

To help put it in perspective, Viacom, who has a variety of entertainment subsidiaries, made $12.84 billion in 2019.

  • YouTube has more than 20 million subscribers between the ad-free Premium service and YouTube Music
  • Alphabet made $46 billion in revenue in the last quarter of 2019, with nearly $10.7 billion in pure profit
  • Google Cloud made $2.6 billion in the same quarter

Even though Google’s profit was higher than its forecast, Wall Street still gave them an L and stocks in Alphabet are down four percent in after-hours trading.

What do you think? Surprised by how much YouTube is raking in on ad revenue? Let us know down below in the comments or carry the discussion over to our Twitter or Facebook.

Editors’ Recommendations:

Follow us on Flipboard, Google News, or Apple News

Maker, meme-r, and unabashed geek with nearly half a decade of blogging experience. If it runs on electricity (or even if it doesn't), Joe probably has one around his office somewhere. His hobbies include photography, animation, and hoarding Reddit gold.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Deals of the Day

  1. Paramount+: Live Sports Starting at $2.50/mo. for 12 Mos. Sports - Try It Free w/ code: SPORTS
  2. Save $20 on a Microsoft365 subscription at Best Buy with a Best Buy Membership!
  3. Try Apple TV+ for FREE and watch all the Apple Originals
  4. Save $300 on a Segway at Best Buy, now $699

More in News