YouTube had just over $4 billion in advertising revenue for the first quarter of the year despite a slowdown in ad sales after the coronavirus pandemic hit the U.S.
in March. Google began reporting YouTube revenue for the first time earlier this year, disclosing that the video giant earned $15.1 billion in ad revenue in fiscal 2019.
During the fourth quarter of 2019, the platform, which is run by longtime Google executive Susan Wojcicki, brought in $4.7 billion.
YouTube's first quarter was not as strong, though the company still brought in significantly more ad revenue than the $3 billion it netted during same period a year earlier.
Read more on hollywoodreporter.com
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