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Google spells out how YouTube is destroying TV

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Investing in the Digital Transformation › Forums › Research › Google spells out how YouTube is destroying TV

  • This topic has 0 replies, 1 voice, and was last updated 7 years ago by pc_admin.
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  • July 17, 2015 at 1:55 pm #1031
    pc_admin
    Keymaster

    It has become customary for Google to make comparisons between YouTube and TV on its earnings calls — after all, it is hoping that brands will switch out some of their huge TV advertising budgets for online video.

    Thursday’s second-quarter earnings call was no exception. Google’s executives made several references to how YouTube was coming after TV in a big way.

    Omid Kordestani, Google’s chief business officer, kicked things off with this standout stat: “YouTube reaches more 18- to 49-year-olds in the US than any US cable network.”

     

    Read more: http://www.businessinsider.com/google-q2-earnings-call-youtube-vs-tv-2015-7#ixzz3g9mwXypp

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