YouTube Paid $8B to Music Industry Over the Past 12 Months
Over the past 12 months, YouTube has paid out a total of $8 billion to the music industry, underscoring its significant role in supporting artists, songwriters, and record labels. This massive payout highlights the platform’s influence in global music streaming, licensing, and monetization. By generating substantial revenue from ads and subscriptions, YouTube continues to be a key revenue source for the music ecosystem, helping creators reach audiences while earning fair compensation for their work.