YouTube on Wednesday said it paid more than $4 billion to the music industry last year, including artists, songwriters and rights holders.
YouTube on Wednesday said it paid more than $4 billion to the music industry last year, including artists, songwriters and rights holders. That $4 billion payout amounts to about 20% of the Google-owned video giant’s ad revenue from last year. It also represents a 33% increase from the amount YouTube paid out the year prior, when YouTube forked over $3 billion to the music industry.
