YouTube's total revenue from advertising and subscriptions has exceeded $50 billion over the past year, marking a substantial milestone for the platform.
In a significant display of growth, YouTube achieved $8.92 billion in advertising revenue during Q3 2024, surpassing Wall Street expectations of $8.89 billion.
Philipp Schindler stated that YouTube's upfront advertising commitments saw a remarkable 20% increase year-over-year, showcasing the platform's strength in attracting advertisers.
Sundar Pichai highlighted the impact of content surrounding the 2024 Paris Summer Olympics, which garnered 12 billion views from 850 million unique visitors.
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