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Google announces for the first time the amount of its revenue from Youtube

UNITED STATES (OBSERVATORY NEWS) — Alphabet Holding has published data on the amount of revenue generated by Youtube web hosting. The annual report on this has been published on the company’s website.

Alphabet, the parent company of Google, bought Youtube in 2006 for $ 1.65 billion.

To date, Alphabet Holdings has not released any data on the returns from its advertising services.

As for Youtube, it earned more than $ 15 billion in ads in 2019.

The advertising service brought the company, about 10% of its total revenue, which amounted to $ 162 billion. Alphabet revenue grew 18%.

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