Tag: media platform

BUSINESS

YouTube In Multibillion-Dollar Payout

YouTube, the social media platform owned by Google, has disclosed that the platform paid out over US$4 billion to artists, songwriters, and rights-holders over the last 12 months.  The company generated $19.78 billion from advertising during 2020. According to Lyor Cohen, the global head of music, the money is generated from YouTube ads, YouTube Music, and YouTube Premium subscriptions. The […]