YouTube’s chief business officer Robert Kyncl recently left the company to take the top job at Warner Music Group. The post YouTube CEO Susan Wojcicki steps down, replaced by CPO Neal Mohan appeared first on Music Ally. Source: Music ally

Meta, Amazon and Microsoft have recently announced thousands of layoffs, and on Friday it was the turn of Google and YouTube’s parent firm. The post Alphabet cuts 12k jobs as Spotify layoffs speculation emerges appeared first on Music Ally. Source: Music ally

YouTube’s advertising revenues were down 1.9% year-on-year in Q3: a rare decline for one of tech firm Alphabet’s key business lines. The post Alphabet financials reveal decline in YouTube ad revenues appeared first on Music Ally. Source: Music ally

YouTube and Google’s parent company Alphabet published its latest financial results yesterday, including figures for the growth of YouTube’s advertising business. The post YouTube advertising revenues grew by 46% to $28.8bn in 2021 appeared first on Music Ally. Source: Music ally

Remember when Spotify invested in distributor DistroKid back in October 2018? Now its biggest rival is making a similar move. Yesterday, Apple led a $50m Series B funding round for UnitedMasters, alongside Alphabet (yes, Apple and Google’s parent company investing together) and Andreessen Horowitz. Apple isn’t just opening its wallet: the deal includes a strategic partnership which […]

YouTube’s parent company Alphabet reported another big quarter yesterday. Despite the Covid-19 pandemic’s impact on the advertising market, Alphabet’s Q3 revenues were up by 14% year-on-year to $46.17bn, helping the company to an $11.25bn net profit in the third quarter. Within that, there were figures for YouTube advertising revenues, which grew by 32.4% year-on-year to $5.04bn […]

It should come as no surprise that Covid-19 is figuring prominently in the Q1 financial results of every public company. Alphabet announced its figures yesterday, and warned that although its revenues were up 13% to $41.2bn in the first quarter of 2020, in March it saw a “significant slowdown in ad revenues”. YouTube is part of […]