YouTube generates $5 billion in ad revenue for Google in Q3

New Delhi: YouTube brought in $5 billion in advertising revenue in the third quarter of 2020, signaling that there has been a rebound in advertising revenue for both Google and YouTube.

YouTube now has over 30 million music and premium paid subscribers, and over 35 million including those on free trials. YouTube TV now has more than 3 million paid subscribers.

“As a sign of the times, views for guided meditation videos are up 40 per cent since mid March, while DIY face mask tutorials have been viewed over 1 billion times,” informed Alphabet and Google CEO Sundar Pichai.

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