YouTube is a proven juggernaut that rivals Netflix in the streaming wars
Summary
YouTube is not only a streaming video juggernaut that continues to report mind-bending growth, it is also turning into a key rival to the paid services that dominate the conversation around the future of television. Take a look at some of the key points weve learned about YouTubes growth recently: Quarterly revenue is on a par with Netflix, and its growing at a faster rate. While the vast majority of YouTube consumption happens on phones, computers and tablets, Alphabet reported huge growth over the past year in people watching on television sets. Philipp Schindler, Googles chief business officer, said on the companys earnings call Tuesday YouTube on TV is "the fastest growing consumer surface that we have." Research firm Nielsen released a fascinating study last month showing far more people still watch traditional television than streaming video.
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