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.
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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