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YouTube generates $5bn ad revenues as Alphabet and Google revenues bounce back

YouTube generates $5bn ad revenues as Alphabet and Google revenues bounce back

Google parent company Alphabet’s Q3 revenue rose 14% from the year before, led by a bounce back in ad revenue for both Google and YouTube. YouTube added $5bn in ad revenue in Q3 2020, which shows advertisers who pulled back on ad spends because of the Covid-19 may be returning to normal. YouTube now has 35mn music and premium paid subscribers and YouTube TV has over 3mn subscribers.

Milan
Milan
Top in Tech