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Warner inks YouTube deal despite “difficult circumstances”

Warner Music Group has signed a global licensing deal with YouTube, but the major label still reportedly expressed reservations about working with the video platform. CEO Steve Cooper has reportedly shared an internal memo with WMG that said the YouTube deal was signed “under very difficult circumstances.” Continue Reading

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YouTube boosting Alphabet to $26 billion Q4 revenue

YouTube is making contributions to the bottom line at parent company Alphabet, according to the tech firm’s fourth-quarter earnings report. “Our growth in the fourth quarter was exceptional — with revenues up 22% year on year and 24% on a constant currency basis,” CFO Ruth Porat said. “This performance was led by mobile search and YouTube.” eMarketer added its own assessment of the Alphabet numbers. Continue Reading