Sign up to receive 5 free days of our daily summary for tech news.

Special Offer: Try out The Information today for only $10/month for your first 3 months.
Google

YouTube Paid Out $3 Billion to Music Industry Last Year

YouTube paid $3 billion to the music industry last year from advertisement and subscription revenue, CEO Susan Wojcicki said in a letter on Friday commemorating the video-platform’s 15th year in operation.  The insight comes after last week’s earnings call when Alphabet, Google’s parent company, broke out YouTube’s ad revenues for the first time, showing the service brought in over $15 billion...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
Crypto Venture Capital
An Internet Philosopher Finds Inner Peace

The man some people call the “monk of Silicon Valley,” a “tech Buddha” and a “modern Yoda” really doesn’t want to talk about himself. 

Doing so, Naval Ravikant tells me, is a “low-value distraction” from his work, the subject of which is what prompted me to ask Ravikant for an interview in the first place. Although ostensibly an ...

Latest Briefs
 
Bitcoin’s Not a Safe Haven From Stock Markets’ Worst Week Since Financial Crisis
Sanders Would Tax Options at Vesting
Eric Schmidt Warns Silicon Valley Could Lose to China
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A's
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.