Get the latest gossip
YouTube Q4 Ad Revenue Bounds Up 15.5% to $9.2 Billion, in Line With Expectations
YouTube's advertising revenue rebounded in the fourth quarter of 2023 in a strong resurgence of digital ad spending on the video platform.
YouTube ‘s advertising revenue rebounded in the fourth quarter of 2023 — soaring 15.5% — in a strong resurgence of digital ad spending on the video platform. Q4 ad revenue for YouTube came in at $9.20 billion, roughly in line with Wall Street expectations, continuing the momentum from the third quarter of last year. Sundar Pichai, CEO of Alphabet and Google, said in prepared remarks, “We are pleased with the ongoing strength in Search and the growing contribution from YouTube and Cloud.
Or read this on Variety