YouTube's business may growing even faster than previously thought
The video streaming service is projected to generate $5.6 billion in global ad revenues this year, according to analysis from eMarketer, based on an analysis of data from other researchers, investment banks and company reports. That's up from a projected $3.7 billion in global ad revenue in 2012.
The majority of that ad revenue is paid back to content creators and ad partners, but according to the report, YouTube is expected to net just under $2 billion in ad revenue for 2013. Google, which acquired YouTube in 2006, does not break out data on the streaming video site's ad revenue. Read more...
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