Todd Spangler / Variety:

Alphabet reports YouTube's Q4 ad revenue rose 9% YoY to $11.38B, vs. $11.84B est., and YouTube's annual revenue surpassed $60B across ads and subscriptions  —  YouTube continues to vacuum up digital advertising dollars, mostly at the expense of traditional TV ad budgets …

Todd Spangler / Variety:

Alphabet reports YouTube's Q4 ad revenue rose 9% YoY to $11.38B, vs. $11.84B est., and YouTube's annual revenue surpassed $60B across ads and subscriptions  —  YouTube continues to vacuum up digital advertising dollars, mostly at the expense of traditional TV ad budgets …

Source: TechMeme
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