YouTube paid out $3 billion to the music industry in 2019 from ads and subscriptions as it partners to grow revenue and promote new artists, said CEO Susan Wojcicki
in 2006 for $1.6 billion. Today it has more than 2 billion monthly users and 500 hours of video uploaded every minute.
In the post entitled “YouTube at 15: My personal journey and the road ahead,” Wojcicki said the goal of the site is to continue “to grow the ecosystem to be the best place for creators” and connect to a consumer base that’s increasingly cutting the cord. In an age of fake news, fake video and ongoing issues with offensive content and piracy she said the company is committed to acting responsibly “and will continue to do the hard work to make sure we’re on the right side of history.”It’s also reduced recommendations of content “that brushes up against our policies” and “borderline” content by 70%.
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YouTube Is 15 Today: CEO Susan Wojicki On Music, YouTube TV And Removing 8.7 Million Videos In 3 MonthsYouTube paid out $3 billion to the music industry in 2019 from ads and subscriptions as it partners to grow revenue and promote new artists, said CEO Susan Wojicki. In a blog post celebrating the c…
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