News Flash: YouTube's About to Leave Netflix in the Dust

By Motley Fool

YouTube has always had more viewers than Netflix (NASDAQ: NFLX), but now the ad-supported streaming service is set to generate more revenue than the leading subscription video on demand platform this year. Last quarter, the Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) subsidiary and Netflix generated nearly the same amount of revenue — just over $7 billion — but YouTube is growing significantly faster. Here's why YouTube will overtake Netflix's revenue figures in 2021 and what it means for investors.

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Via:: Sports Headlines


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