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Author: tecmo   😊 😞
Number: of 208 
Subject: Re: Sum of the Parts
Date: 07/21/2025 8:48 AM
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All of that pales in comparison to what is happening at YouTube. Analyst Laura Martin of Needham estimates that YouTube revenue was $58 billion in 2024, and will be $70 billion in 2025, with $30 billion of that coming from subscriptions. She projects that a stand-alone YouTube would have a market capitalization of $720 billion. Netflix has a market cap of $556 billion.

I don't have access to the article, but I question why Laura Martin is estimating revenue when GOOG reports it directly? YouTube revenue in 2024 was just over $36B, not $58B. I also don't agree that its worth $720B, probably closer to $400B now.

tecmo
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