Connect with us

Hi, what are you looking for?

Fibonacci Tech News

Instagram makes more money from ads than YouTube does, and it has for years

Image: Kristen Radtke / The Verge

In a motion Meta filed on Friday to try and get the FTC’s monopoly claims dismissed, it includes details of how much advertising revenue Instagram brought in over the last few years. At $32.4 billion for 2021 alone, that’s even more than YouTube, which pulled in $28.8 billion in the same year. Business Insider previously pointed out the lead it has over Google’s video unit, and mentions that YouTube gives up 55 percent of each advertising dollar it makes to content owners who upload videos while Instagram coughs up a lot less.

The gap is also there even if you look further back. In 2020 and 2019, Meta lists Instagram’s ad revenue as $22 and $17.9 billion, respectively, while YouTube’s ad revenue is listed in its annual report (PDF) as…

Continue reading…

You May Also Like

Fibonacci Stock News

In the previous technical note, it was categorically mentioned that while the markets may attempt to inch higher, they may not form anything beyond...

Fibonacci Investing News

Chris Edwards Many American cities need more low‐​income housing, but governments reduce supply and raise construction costs with regulations, taxes, and bureaucracy. The Wall...

Fibonacci Tech News

Illustration by Alex Castro / The Verge The question of who gets to regulate crypto has some answers, as a judge has ruled the...

Fibonacci Tech News

Image: Brazil Climate Summit At the moment I arrived at the Brazil Climate Summit event, it felt like home to me. As I opened...