YouTube now makes more money than Netflix
YouTube pulled in over $60 billion from ads and subscriptions last year—way ahead of Netflix's $45.2 billion.
Alphabet's CEO Sundar Pichai shared the news. The company as a whole grew 15% to hit $402.8 billion in revenue.
YouTube's ad money jumped nearly 9% in Q4, and subscriptions in related segments rose by over 17%, thanks to a growing crowd of paid users.
YouTube's growth in numbers
YouTube Shorts exploded to 200 billion daily views, now earning more per hour than regular ads in top markets.
Over one million channels used the new AI creation tools, and during that same month more than 20 million viewers used the new Ask tool.
As Pichai put it, these numbers show just how much YouTube is leading the streaming scene—viewers watched over 700 million hours of podcasts on living room devices as of October, up 75% from the same month a year earlier.