In a letter to the YouTube community looking back on 2020 and addressing the company's goals and challenges for the year ahead, CEO Susan Wojcicki shared a bevvy of facts about creator monetization and entrepreneurship.
Citing an Oxford Economics report, Wojcicki noted that YouTube’s creative ecosystem contributed approximately $16 billion to the U.S. Gdp in 2019 -- or the equivalent off 345,000 full-time jobs. In the U.K, YouTube contributed $1.9 billion to the British Gdp, the report found, as well as $626 million to the French Gdp -- the equivalent of 30,000 and 15,000 full-time jobs, respectively.
Moreover, over the last three years, Wojcicki noted, YouTube has paid out more than $30 billion to creators, artists, and media companies. And more creators than ever before are gaining the ability to monetize, with the number of channels to have joined the YouTube Partner Program last year having doubling over 2019.
Visit Tubefilter for more great stories.
Citing an Oxford Economics report, Wojcicki noted that YouTube’s creative ecosystem contributed approximately $16 billion to the U.S. Gdp in 2019 -- or the equivalent off 345,000 full-time jobs. In the U.K, YouTube contributed $1.9 billion to the British Gdp, the report found, as well as $626 million to the French Gdp -- the equivalent of 30,000 and 15,000 full-time jobs, respectively.
Moreover, over the last three years, Wojcicki noted, YouTube has paid out more than $30 billion to creators, artists, and media companies. And more creators than ever before are gaining the ability to monetize, with the number of channels to have joined the YouTube Partner Program last year having doubling over 2019.
Visit Tubefilter for more great stories.
- 1/26/2021
- by Geoff Weiss
- Tubefilter.com
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