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YouTube Music has a market share of 8.9% in the music streaming industry. This is due to the company's relatively new arrival to the streaming scene, but also its rapid growth and over 80 million paid subscribers. In 2023, YouTube Music's annual revenue exceeded $3.5 billion. To compare with spotify, they now have around 8bn euros in revenue, from premium users rest from ads. They have a huge freemium userbase, to take that and compare with YouTubeโs free music users would be significantly HUGE. Thereโs no comparison.
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๐๐ผ๐ ๐ฑ๐ถ๐ฑ ๐ฌ๐ผ๐๐ง๐๐ฏ๐ฒ ๐ฏ๐ฒ๐ฐ๐ผ๐บ๐ฒ ๐๐ต๐ฒ ๐บ๐ผ๐๐ ๐๐ถ๐๐ถ๐๐ฒ๐ฑ ๐ฝ๐น๐ฎ๐๐ณ๐ผ๐ฟ๐บ? Founded on February 14, 2005, by Chad Hurley, Steve Chen, and Jawed Karim (former PayPal employees). Initial Idea was to create an easy-to-use video-sharing
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The Rise and Fall of Vevo: How Music's Corporate Giants Tried to Conquer the Internet In the late 2000s, the music industry was bleeding. Napster and LimeWire had decimated traditional revenue streams, and record labels watched helplessly as illegal
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๐ง๐ต๐ฒ ๐ฆ๐๐ผ๐ฟ๐ ๐ผ๐ณ ๐ฌ๐ผ๐๐ง๐๐ฏ๐ฒ: ๐ ๐ฎ๐ฌ-๐ฌ๐ฒ๐ฎ๐ฟ ๐๐ผ๐๐ฟ๐ป๐ฒ๐ ๐ณ๐ฟ๐ผ๐บ ๐ฎ ๐๐ฎ๐๐ถ๐ป๐ด ๐ฆ๐ถ๐๐ฒ ๐๐ผ ๐ฎ ๐๐น๐ผ๐ฏ๐ฎ๐น ๐ ๐ฒ๐ฑ๐ถ๐ฎ ๐ง๐ถ๐๐ฎ๐ป! In 2005, Steve Chen, Chad Hurley, and Jawed Karim launched YouTube from a San Francisco garage, aimi
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YouTubeโs โน21,000 Cr Payout to Indian Creators: A Boom for Digital Entrepreneurship? ๐ธ YouTube has paid more than โน21,000 crore to Indian creators (2022โ24), signaling the massive potential of Indiaโs creator economy! With 2.5M active creators,
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Earlier this week - PocketFM announced a 6x growth in FY24 revenue crossing โน1,000 Cr. ๐กI never expected audio series to garner so much engagement: A report by Redseer suggests that AS now gets 2x more engagement than music and is super-close to v
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The OG Move: How Samay Raina Broke the App Game Without Breaking the Bank ๐ฏ Forget Disney+ Hotstar dropping millions on marketing or Netflix's endless subscription push. Samay Raina just dropped ONE Insta story and shot to #1 on Play Store. Wild, r
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๐ฅ From Dating App to Empire: The YouTube Story In February 2005, three former PayPal employees launched a site called YouTube. Their original idea? ๐ A video dating site. The slogan: โTune in, Hook up.โ It flopped. No one uploaded dating videos.
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