1. YouTube surpasses 150 million paid subscribers as ad revenue growth slows

YouTube surpasses 150 million paid subscribers as ad revenue growth slows

Business

  • YouTube crossed 150 million Music and Premium subscribers worldwide, including free trials.
  • YouTube's paid subscriptions grew faster than its advertising business for three straight quarters.
  • • YouTube's advertising revenue rose 9.2% to $11.2 billion in the third quarter, its slowest growth this year.
  • Over one-third of YouTube's ad revenue came from TV viewing, while Google expanded Premium Lite and other subscription options.

Source: storyboard18.com

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