SAN FRANCISCO (Hypebot) – With the launch of YouTube's paid subscription music service appearing to be just days away, and Google's battle with the independent music sector heating up, it seems like the appropriate time to take a look at YouTube's impressive revenue record.
Even before Google adds income from a new paid music service:
– Video ad revenues are expected to increase significantly in coming years for YouTube's US operations, particularly as mobile video viewership grows. eMarketer estimates the company's revenues from video ad formats will hit $1.51 billion next year, claiming a 19.4% share of all US video ad revenues.