Is YouTube Profitable?

Who Founded YouTube?

YouTube was founded by Chad Hurley, Jawed Karim, and Steve Chen in 2005, who ran it from a small office situated above a restaurant in San Mateo.

The Beginning Of YouTube

YouTube was far from making any money when Alphabet Inc. (GOOG) bought the company in 2006. But it still bought YouTube because of its number of users.

How Does YouTube Make Money?

- Video Advertising - Adwords - Paid Memberships - YouTube Premium

YouTube's Revenue

YouTube shares 55% of its ad revenue with video creators. This means a good part of YouTube’s revenue does not go to Alphabet.

Is YouTube Profitable For Google?

The advertising revenue of YouTube in 2022 was $29.2 billion, and this accounted for 11.35% of Google’s total revenue. So yes, YouTube is quite profitable for Google.

Is YouTube Profitable?

YouTube saw a major slowdown in revenue, growing only growing by 1.3% and generating $29.2 billion.