YouTube is generating $2 billion a month from ads

YouTube generated $6.005 billion from advertising in the three months to end of March this year, which is up by nearly $2 billion, or by 49%, on the $4.038 billion YouTube generated in the same period of 2020, Music Business Worldwide reports on staggering numbers by the streaming platform. Compared to 2019 the numbers are even more impressive - in Q1 2019 YouTube had $3.025 billion in revenues. If YouTube can maintain that +49% growth across the course of 2021, it will turn over more than $29 billion this year. The number MBW isn't giving is how much of that $6 billion YouTube made during the three first months of the year is going to artists.