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Sep 2, 2021 · Key Takeaways. Google purchased YouTube for $1.65 billion nearly 15 years ago. It has been a tremendous success for parent company Alphabet, now contributing nearly 11% to overall revenue....
- Sports Is Stunting The Streaming Revolution
- YouTube TV Will Be Huge
- The Numbers Could Get Very Big
- Bottom Line on Goog Stock
There’s no hiding it. Cord-cutting is happening everywhere. It started a few years back. It’s still accelerating today, and that’s because the value proposition of traditional cable packages simply doesn’t compare to the value prop of OTT entertainment services like Netflix, Inc. (NASAQ:NFLX). When it comes to cable, you get a bunch of live TV chan...
The sports and live news moat keeping cable TV alive, is rapidly being eroded by Alphabet’s relatively new streaming service, YouTube TV. In early 2017, Alphabet launched YouTube TV. YouTube TV is essentially Google’s attempt to create a robust live-streaming TV offering tailored to the world of internet TV. You pay a set monthly bill ($50) for acc...
For modeling purposes, let’s sketch out what YouTube TV could like by 2025. Current projections estimate that about 14 million U.S. households will cut the cord by 2023. I think that’s light. Given the huge push from media companies into this space — Disney (NYSE:DIS) just launched Disney+, Apple (NASDAQ:AAPL) just launched AppleTV+, Comcast (NASDA...
YouTube TV’s impending, explosive growth is just one of many reasons to buy and hold GOOG stock for the long term. There is also the burgeoning cloud business, the still strong digital ad business, the potentially explosive self-driving business, the booming smart home business, and much, much more. All together, there is no reason to sell GOOG sto...
- Luke Lango
But at just $126 million annual revenue versus Google’s $800 billion market cap, is YouTube TV really a reason to buy GOOG stock? Absolutely. Here’s why. YouTube TV Will Be Huge
Nov 6, 2020 · Google bought YouTube in 2006 for $1.65 billion, when it was little more than a start-up. If founders Chad Hurley and Steve Chen had kept that stock, it would now be worth about $10.5...
- Investorplace Contributor
Jul 26, 2022 · YouTube TV counts 5 million viewers on its cable TV alternative. That makes Google the fifth-largest pay-TV distributor in the U.S. Network negotiations could lead to broader connected-TV...
Oct 9, 2006 · Google, the Internet's leading search engine, announced Monday that it is buying popular online video site YouTube for $1.65 billion in stock.
Mar 5, 2024 · Alphabet's YouTube has been overlooked amidst AI frenzy, but deserves attention as its significant component. Find out why GOOG stock is a Buy.
