YouTube Reports $1.8B Paid to Music Industry in Past Year

YouTube Reports $1.8B Paid to Music Industry in Past Year

YouTube Reports $1.8B Paid to Music Industry in Past Year

The video platform also claimed $6 billion in total payouts.

YouTube paid out over $1.8 billion in ad revenue to the music industry over the past year from October 2017 to September 2018, the video platform claims.

In a Google report called “How Google Fights Piracy,” the company also states in total it has paid out over $6 billion of ad revenue to the music business, approximately half of which was from the the monetized use of music in videos using Content ID.

The report also touts consumers’ wide use of YouTube, noting Taylor Swift’s “Shake It Off” music video had been viewed more than 2.5 billion times — more than 10 times as many listens as on the leading streaming services[…]

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