YouTube, by 2022, generated over $29 billion in advertising revenues.
Founded in 2005 by former PayPal co-workers (Chad Hurley, Eric Skaggs, Jawed Karim, Martin Pauer, and Steve Chen), YouTube was acquired for almost $1.7 billion in 2006 by Google. YouTube’s primary revenue streams are advertising and paid memberships.
Year | Advertising Revenues |
2021 | $28.85 Billion |
2022 | $29.24 Billion |
YouTube has been successfully integrated into Google’s business model.
The company generated money from ads and subscriptions.
Read Next: YouTube Business Model, Google Business Model.
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