YouTube’s Chief Business Officer Says Revenues Are Larger, Growing Faster Than Netflix

By CreatorStack · 1 month ago

YouTube’s chief business officer Robert Kyncl said the company is larger — and growing faster — than Netflix in terms of revenues at the Royal Television Society Cambridge Convention.

The Reporter notes that YouTube clocked $7 billion in ad revenues in the second quarter of 2021, compared to Netflix’s $7.3 billion. That said, YouTube’s tally doesn’t include subscription revenues from YouTube Music and YouTube Premium, which would presumably push it over the edge. YouTube’s revenues grew 83% over the same quarter last year, while Netflix grew 19%.