Alphabet's YouTube Steal: $1.65 Billion Acquisition Now Pulls In $11 Billion In Quarterly Ad Revenue
Google paid $1.65 billion for YouTube. Twenty years later, the deal keeps paying off substantially for the company.
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Why It Matters
Google bought YouTube for $1.65 billion years ago, and it now makes $11 billion every three months from ads there. This shows that sometimes big purchases can become huge money-makers if they're popular with people.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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