16 days ago • Posted by William Ramstein
YouTube's ad business almost matches Netflix's revenue
Netflix generated $7.2 billion in revenue in Q1 2021, just narrowly beating YouTube’s ad sales. YouTube almost matches Netflix’s subscription revenue from more than 200 million subscribers is impressive. Also, due to its reliance on user-generated videos, YouTube’s content costs are way lower than Netflix’s, meaning that the platform is likely considerably more profitable than Netflix.