YouTube have paid over $4 billion to the music industry in the past 12 months

YouTube says they’ve paid more than $4 billion to artists, songwriters and rights-holders over the past 12 months.

YouTube generated over $5 billion in ad revenue in Q3 2020 alone

YouTube and Google’s parent company Alphabet’s recent earnings call revealed YouTube generated $5.04bn from ad revenue in a single quarter. Between July and September, YouTube generated $5.04 billion in ads. This is up $1.2bn on…

TikTok’s parent company ByteDance generated $17bn in 2019, more than YouTube’s ad-revenue

Chinese owned company ByteDance, owner of TikTok and (Chinese equivalent app) Douyin generated $17 billion in 2019. The report comes from Bloomberg, with an additional stat of over $3bn in annual net profit. $17bn is…