YouTube BROUGHT IN $5 BILLION IN AD REVENUE FOR GOOGLE IN Q3

Highlights

• YouTube currently has more than 30 million music and premium paid subscribers, and over 35 million inclusive of those on free trials

• In third quarter of 2020, online video streaming platform YouTube was successful in bringing in $5 billion in advertising revenue

• A strong demand has been shown by consumers across nearly all verticals said Ruth Porat, CFO of Alphabet and Google