YouTube is a proven juggernaut that rivals Netflix in the streaming wars

Also, practically all of Netflix's revenue comes from subscriptions. Alphabet only reports YouTube's advertising revenue, not revenue from subscription products like YouTube TV and YouTube Premium.While the vast majority of YouTube consumption happens on phones, computers and tablets, Alphabet reported huge growth over the past year in people watching on television sets.

The company said 120 million people watched YouTube on a TV last month, up from 100 million per month last year. Philipp Schindler, Google's chief business officer, said on the company's earnings call Tuesday YouTube on TV is "the fastest growing consumer surface that we have." It's the strongest signal yet that YouTube is encroaching on Netflix and Disney+'s territory in the living room.Research firm Nielsenshowing far more people still watch traditional television than streaming video.

But Nielsen's data also had an interesting ranking of time spent streaming on various services. YouTube and Netflix were the top two streamers, with each service accounting for 6% of time spent watching television.Short-form video is the dominant trend on social media today, with TikTok leading the charge. YouTube has its own short-form video service, YouTube Shorts, designed to compete with TikTok.

stevekovach

stevekovach YouTube needs better leadership and increased profitability. It still is the best video streaming platform on the planet.

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix's Blood Red Sky: will there be a sequel? Here's what we knowNetflix's new film Blood Red Sky has proved popular with fans – but will there be a follow-up film?
Source: hellomag - 🏆 24. / 68 Read more »

Cycling-Britain's track dominance under threatTrying to knock Britain's track cyclists off their perch at the Olympics has proved a fruitless task for their rivals. I AM DESPERATELY BEGGING GOD FOR HELP AT THIS POINT!!!! We are about to lose what little we do have, we desperately need to get a reliable replacement car asap and get caught up on expenses anything helps at this point! God Bless you all!!!
Source: Reuters - 🏆 2. / 97 Read more »

Underrated Performances By The Original 'Gossip Girl' CastBlake Lively, Leighton Meester, Penn Badgley and more in roles you can stream now.
Source: NylonMag - 🏆 697. / 51 Read more »

Paris Hilton Has Plenty in the Oven, Just Not BabiesThe pop icon denied all pregnancy rumors, while plugging her Netflix show, 'Cooking With Paris.'
Source: papermagazine - 🏆 409. / 53 Read more »

Addison Rae Is Ready to Prove You WrongTikTok's reigning queen whoisaddison talks therapy, cancel culture, and breaking into Hollywood with Netflix's 'He's All That.' whoisaddison netflix Nobody’s moved
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »