Good morning search marketers, can you guess YouTube's share of Google ad revenue?
Google is finally shedding a bit of light into YouTube advertising — the added disclosure in the company's Q4 2019 earning report comes two months into Sundar Pichai's ascension to the Alphabet CEO role. We now know YouTube generated $15 billion in ad revenues last year. It's growing faster than the other advertising segments, but still accounts for the smallest revenue share.
A quick calculation shows YouTube contributed 11% of Google's annual ad revenues last year. Search and other properties including Maps, Gmail, etc. still generate the overwhelming bulk of ad revenue at 73% share, while Google Network (GDN etc.) comes in second with 16% share.
Among the other takeaways, we learned that participation in Google Shopping Actions has increased by 4X among merchants in the U.S.
Meanwhile, the fallout from the shuttering of data collection and reporting firm Jumpshot continues. Hitwise has notified customers that it has halted some reporting services that relied on Jumpshot clickstream data.
Read on for your daily Search Shorts — congrats to our friends at Brainlabs and Distilled on their merger — and more.
Ginny Marvin,
Editor-in-Chief